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124 2nd Street

Peachtree Property Ventures Acquires Multifamily Asset From The Walden Group For $11.55M
SOLDMultiFamily

Peachtree Property Ventures Acquires Multifamily Asset From The Walden Group For $11.55M

124 2nd Street

$11,550,000

$120/SF

Building Size

95,973 SF

Asset Type

MultiFamily

Closing

Aug 6, 2025

AI

This multifamily asset is located at 124 2nd Street in Winder, GA. The transaction involved a sale price of $11,550,000 for a total of 70 units. The property encompasses a square footage of 95,973, translating to a price per unit of $165,000 and a price per square foot of $120.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,550,000
  • Buyer: Peachtree Property Ventures
  • Seller: The Walden Group
  • Units: 70
  • Square Footage: 95,973
  • Price Per Unit: $165,000
  • Price Per Square Foot: $120
  • Date of Transaction: 8/7/2025
  • Brokers: David Wildes & Aaron Jungreis - Rosewood Realty Group

The transaction was facilitated by brokers David Wildes and Aaron Jungreis, who are with Rosewood Realty Group. Their roles were essential in bringing together Peachtree Property Ventures as the buyer and The Walden Group as the seller in this multifamily property deal.

Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.3B

vol

205 deals

Broker
Rosewood Realty Group
Rosewood Realty GroupBrokerage

Winder MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.37%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93