Updated Oct 28, 2024
Bell Partners Inc Acquires Multifamily Portfolio In Atlanta, Frisco, Broomfield, And Santa Clarita For $313M
1295 East Rock Springs Road Northeast, Atlanta, Georgia 30306, United States
$313,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 16, 2022
About this deal
AI
Bell Partners Inc has acquired a multifamily property portfolio consisting of four assets in different markets. The properties include 1295 E Rock Springs Rd NE in Atlanta, GA; 6595 Lebanon Rd in Frisco, TX; 11996 Ridge Pkwy in Broomfield, CO; and 24640 Town Center Dr in Santa Clarita, CA. The transaction took place on October 17, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $313,000,000
Bell Partners Inc, a real estate company, successfully closed the deal for these multifamily properties. The acquisition marks a significant investment in diverse markets across the United States. The transaction demonstrates Bell Partners Inc's commitment to expanding its portfolio and capitalizing on strategic real estate opportunities.
On the Map
$313,000,000
MultiFamily
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Players
Atlanta MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93