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235 Sycamore Drive

Zavala Capital Group Acquires Multifamily Property In Athens, GA For $9.35M
SOLDMultiFamily

Zavala Capital Group Acquires Multifamily Property In Athens, GA For $9.35M

235 Sycamore Drive

$9,350,000

$101/SF

Building Size

92,084 SF

Asset Type

MultiFamily

Closing

Apr 29, 2025

AI

The asset involved in this transaction is a MultiFamily property located at 235 Sycamore Drive in Athens, GA. The property was sold for $9,350,000, encompassing a total area of 92,084 square feet, which translates to a price per square foot of $101.

Summary of transaction details:

The transaction was facilitated by brokers Jonathan Brody, Michael Schattner, and Chaim Ciment, who represented the parties involved in the deal through Base Realty Group, ensuring the successful exchange between the buyer and seller.

Players

Jonathan Brody

Base Realty Group

Broker

$1.7B

vol

48 deals

Broker

Athens 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

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93