Max Sharkansky And Partners Of Trion Properties Acquire Multifamily Asset In Jonesboro For $34M

The property sold is a multifamily asset located at 2615 Mount Zion Parkway in Jonesboro, GA. The sale price for this transaction was $34,000,000, comprising a total of 216 units. The building features a total square footage of 213,898, resulting in a price per unit of $157,407 and a price per square foot of $158.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $34,000,000
• Units: 216
• Square Footage: 213,898
• Price Per Unit: $157,407
• Price Per Square Foot: $158
• Buyer: Max Sharkansky, Mitch Paskover, David Moghavem, Adrie Moses-Bailey, Felipe Montes de Oca & Andrew Lucas - Trion Properties
• Seller: Intercapital Group
• Broker: Brooks Colquitt - Cushman & Wakefield

This transaction involved multiple key individuals representing Trion Properties as buyers, specifically Max Sharkansky, Mitch Paskover, David Moghavem, Adrie Moses-Bailey, Felipe Montes de Oca, and Andrew Lucas. The seller of the property was Intercapital Group, with Brooks Colquitt acting as the representative broker from Cushman & Wakefield.