Matt Ferrari And George Nausha Of PXV Multifamily Acquire Atlanta Multifamily For $29.5M
2975 Continental Colony Parkway Southwest
$29,500,000
$123/SF
Building Size
238,790 SF
Asset Type
MultiFamily
Closing
Jul 28, 2026
AI
The property asset involved in this transaction is a multifamily complex located at 2975 Continental Colony Parkway Southwest, Atlanta. The sale price for the property was $29,500,000, encompassing a total area of 238,790 square feet, resulting in a price per square foot of $123.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $29,500,000
- Address: 2975 Continental Colony Parkway Southwest
- Market: Atlanta
- Square Footage: 238,790
- Price per Square Foot: $123
- Buyer: Matt Ferrari & George Nausha - PXV Multifamily; Pamera North America
- Seller: Peak Capital Partners
- Seller's Representatives: Travis Presnell, Wesley Lacefield & Mike Kemether - Cushman & Wakefield
Notable individuals involved in the transaction include the buyer representatives Matt Ferrari and George Nausha from PXV Multifamily, along with Pamera North America. The seller, Peak Capital Partners, was represented by Travis Presnell, Wesley Lacefield, and Mike Kemether from Cushman & Wakefield, highlighting the involvement of established professionals in the multifamily real estate sector.
Players
Atlanta 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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93