REM Acquisitions Acquires 284-Unit Multifamily Property In Stockbridge, GA For $58.2M

The multifamily property located at 3386 Mount Zion Rd in Stockbridge, GA was recently sold in a transaction. The property consists of 284 units and was sold for a total price of $58,200,000, resulting in a per unit price of $204,930. The sale of this property was facilitated by Chandler Brown, Taylor Brown, Cory Caroline Sams, and Walter Miller from GREA. The buyer of the property was REM Acquisitions, while the seller was Peak Capital Partners.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $58,200,000
• Address: 3386 Mount Zion Rd, Stockbridge, GA
• Market: Stockbridge, GA
• Buyer: REM Acquisitions
• Seller: Peak Capital Partners
• Brokers: Chandler Brown, Taylor Brown, Cory Caroline Sams, and Walter Miller - GREA
• Units: 284
• Per Unit Price: $204,930

In this transaction, REM Acquisitions acted as the buyer, while Peak Capital Partners acted as the seller. The brokers who facilitated the deal were Chandler Brown, Taylor Brown, Cory Caroline Sams, and Walter Miller from GREA. They played a crucial role in ensuring a successful transaction for all parties involved.