facebook


Go ProSubmit a deal
Submit
Home

/

Deals

/

Georgia

/

Multifamily

/

Sale

/

1520 Laurel Crossing Pkwy

Updated Sep 17, 2025

DBG Properties And GSL Properties Acquire 360-Unit Timberline View In Buford For $110M
SOLDMultiFamily

DBG Properties And GSL Properties Acquire 360-Unit Timberline View In Buford For $110M

1520 Laurel Crossing Pkwy

$110,000,000

Units

360

Asset Type

MultiFamily

Closing

Sep 15, 2025

About this deal

AI

The property involved in this transaction is a multi-family asset located at 1520 Laurel Crossing Pkwy, Buford, GA. The asset comprises 360 units, with a price per unit of $305,556, and was sold for a total of $110,000,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $110,000,000
  • Buyer: DBG Properties & GSL Properties
  • Seller: Related Companies & Rockpoint Group
  • Date of Sale: 09/15/2025
  • Units: 360
  • Market: Buford, GA
  • Loan Amount: $70.4 million Freddie Mac acquisition loan

Related Companies and Rockpoint Group sold the Timberline View apartment community to DBG Properties and GSL Properties, reflecting significant activity in the multi-family market segment in Buford. This transaction involved both purchasers as key stakeholders in the deal, highlighting the ongoing investment interest in the area.

On the Map

Open live map

$110,000,000

MultiFamily

View full map

Players

GSL Properties
GSL PropertiesBuyer
Rockpoint Group
Rockpoint GroupSeller

Buford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $305.6K per unit across 360 units on a published $110M (2025).

Browse Buford multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets