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
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.
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