Updated Oct 28, 2024
HHHunt Acquires Multifamily Properties In Decatur, GA For $258M
2550 Blackmon Drive, Decatur, Georgia 30033, United States
$258,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2022
About this deal
AI
The multifamily property located at 2550 Blackmon Dr & 2532 N Decatur Rd in Decatur, GA has been sold in a transaction. The property has been acquired by HHHunt from the seller Northwood Ravin.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $258,000,000
- Market: Decatur, GA
The deal was facilitated by brokers Matthew Lawton, Vic Ciancetta, John Weber, Bill Shippen, Amalia Londono & Nick Brown from JLL.
The multifamily sale at 2550 Blackmon Drive, Decatur, Georgia 30033, United States in Decatur, Georgia sold for $258M in 2022. 2550 Blackmon Drive, Decatur, Georgia 30033, United States is classified as Multifamily on Traded. William Shippen, Vic Ciancetta, John Weber, Amalia Londono appear on the sale alongside JLL. This page is the Decatur, Georgia file for the 2550 Blackmon Drive, Decatur, Georgia 30033, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Decatur sit in the Market section below. Filter that Decatur multifamily set by closing date to see what else sold near 2550 Blackmon Drive, Decatur, Georgia 30033, United States around 2022. Published consideration for 2550 Blackmon Drive, Decatur, Georgia 30033, United States is $258M, dated 2022. Cite this HHHunt Acquires Multifamily Properties In Decatur, GA For $258M sale when underwriting similar multifamily product around Decatur, Georgia.
Players
Decatur 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
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93