Updated Oct 28, 2024
Sundance Bay Acquires Multifamily Property In Marietta, GA For $75.5M
3555 Austell Road Southwest, Marietta, Georgia 30060, United States
$75,500,000
Units
344
Asset Type
MultiFamily
Closing
Nov 6, 2022
About this deal
AI
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.
The multifamily sale at 3555 Austell Road Southwest, Marietta, Georgia 30060, United States in Marietta, Georgia sold for $75.5M in 2022. Reported inventory is 344 units across 344 units. This page is the Marietta, Georgia file for the 3555 Austell Road Southwest, Marietta, Georgia 30060, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Marietta sit in the Market section below. Filter that Marietta multifamily set by closing date to see what else sold near 3555 Austell Road Southwest, Marietta, Georgia 30060, United States around 2022. Published consideration for 3555 Austell Road Southwest, Marietta, Georgia 30060, United States is $75.5M, dated 2022. Cite this Sundance Bay Acquires Multifamily Property In Marietta, GA For $75.5M sale when underwriting similar multifamily product around Marietta, Georgia.
Players
Marietta 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93