Sundance Bay Acquires Multifamily Property In Marietta, GA For $75.5M
SOLD
$75,500,000
Georgia
See Similar DealsMultiFamily
Sold 11/07/2022
SOLD
Sundance Bay Acquires Multifamily Property In Marietta, GA For $75.5M
3555 Austell Road Southwest, Marietta, Georgia 30060, United States
See Similar DealsMultiFamily
Sold 11/07/2022
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 3555 Austell Road SW in Marietta, GA has been sold. The transaction took place on 11/07/2022, with Sundance Bay as the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $75,500,000
- Address: 3555 Austell Road SW
- Market: Marietta, GA
The property consists of 344 units, with a price per unit (PPU) of $219,477.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,026,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$268,235.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$357,908.52
Annual Debt Service$4,294,902.22
Is there something missing? Send suggestions