Updated Apr 24, 2026
Cary Rosenblum Of Elmington Residential Acquires 433-Unit Resia Tributary In Douglasville For $73.25M
1851 Market Street
$73,250,000
Units
433
Asset Type
MultiFamily
Closing
Apr 22, 2026
About this deal
AI
The transaction involved the sale of a multi-family asset located at 1851 Market Street in Douglasville, GA. The property, consisting of 433 units spread across seven buildings, was sold for a total price of $73,250,000, which equates to $169,169 per unit.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $73,250,000
- Units: 433
- Price per Unit: $169,169
- Buyer: Cary Rosenblum - Elmington Residential
- Seller: Resia
- Broker: JLL Capital Markets
Cary Rosenblum represented Elmington Residential in the acquisition of the Resia Tributary apartment complex from the Miami-based developer Resia. The deal was facilitated by JLL Capital Markets, which acted as the broker for the transaction.
On the Map
$73,250,000
MultiFamily
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Players
Douglasville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $169.2K per unit across 433 units on a published $73.3M (2026).
Browse Douglasville multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93