Shreyans Jain And Vijay Konda Of CM Realty Acquire Multifamily Asset In Atlanta For $27.04M

The property asset involved in this transaction is a multifamily building located at 4375 Cascade Road in Atlanta, GA. The sale price for the asset was $27,040,000, and it encompasses 260 units. The total square footage of the property is 207,668, which translates to a price per unit of $104,000 and a price per square foot of $130.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $27,040,000
• Units: 260
• Square Footage: 207,668
• Price Per Unit: $104,000
• Price Per Square Foot: $130
• Buyer: Shreyans Jain & Vijay Konda - CM Realty
• Seller: The Beach Company
• Seller's Representative: Taylor Brown, Chandler Brown & John A. Topping Jr - Global Real Estate Advisors (GREA)
• Date of Transaction: 12/31/2024

The transaction involved key individuals such as the buyers, Shreyans Jain and Vijay Konda, representing CM Realty. The selling party was represented by Taylor Brown, Chandler Brown, and John A. Topping Jr from Global Real Estate Advisors (GREA), facilitating the process on behalf of The Beach Company.