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.
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