Updated Sep 17, 2025
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
$110,000,000
MultiFamily
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Players
Buford 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
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93