Banyan Investment Group Acquires Multifamily Property In Gainesville, GA For $9.1M

A multifamily property located at 3656 Browns Bridge Road in Gainesville, GA has been sold. The property consists of 66 units and was sold for a total of $9,100,000, resulting in a per unit price of $137,879. The transaction was completed on January 6, 2023. The buyer of the property was Banyan Investment Group, while the seller was Zavala Capital. The brokers involved in the deal were Taylor Brown and John A. Topping Jr from Global Real Estate Advisors.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,100,000
• Address: 3656 Browns Bridge Road, Gainesville, GA
• Market: Gainesville, GA
• Buyer: Banyan Investment Group
• Seller: Zavala Capital
• Brokers: Taylor Brown & John A. Topping Jr - Global Real Estate Advisors
• Units: 66
• Price Per Unit: $137,879

The sale of this multifamily property represents a significant transaction within the Gainesville, GA market. Banyan Investment Group successfully acquired the property from Zavala Capital, with the assistance of Taylor Brown and John A. Topping Jr from Global Real Estate Advisors. This transaction highlights the continued activity and investment in the multifamily sector in Gainesville, GA.