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1925 Waycrest Drive Southwest

Marcus Partners And ECI Group Acquire Panther Riverside Parc In Atlanta For $44.7M
SOLDMultiFamily

Marcus Partners And ECI Group Acquire Panther Riverside Parc In Atlanta For $44.7M

1925 Waycrest Drive Southwest

$44,700,000

Units

280

Asset Type

MultiFamily

Closing

Feb 17, 2026

AI

The property involved in the transaction is a multifamily asset located at 1925 Waycrest Drive Southwest in Atlanta, GA. It was sold for $44,700,000, which corresponds to a price per unit of $159,643 across its 280 units.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $44,700,000
  • Buyer: Marcus Partners & ECI Group
  • Seller: Panther Residential Management
  • Units: 280
  • Price Per Unit: $159,643
  • Market: Atlanta, GA
  • Sale Date: 02/17/2026

In this transaction, Marcus Partners and ECI Group have entered into their third recent deal in Atlanta with the acquisition of Panther Riverside Parc. Marcus Partners is known for its focus on value-add strategies across multiple sectors, while ECI Group manages over 6,000 units in the Southeast and Texas. Renovation plans are in place for this newly acquired asset.

Players

Marcus Partners
Marcus PartnersBuyer
PM
Panther Residential ManagementSeller

Atlanta MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93