Updated Oct 28, 2024
ECI Group Sells Multifamily Property In Atlanta For $87M With Buyer's Rep Jimmy Baugnon & Broker Kevin Geiger
4700 N Hill Pkwy Atlanta, GA 30341, USA
$87,000,000
Units
410
Asset Type
MultiFamily
Closing
Jun 23, 2022
About this deal
AI
The multifamily property located at 4700 N Hill Pkwy in Atlanta, GA has been sold for a total price of $87,000,000. The property consists of 410 units, resulting in a price per unit (PPU) of $212,195.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $87,000,000
- Units: 410
- Address: 4700 N Hill Pkwy
- Market: Atlanta, GA
The seller of the property is ECI Group, represented by Jimmy Baugnon. The transaction was facilitated by Kevin Geiger from CBRE.
The multifamily sale at 4700 N Hill Pkwy Atlanta, GA 30341, USA in Atlanta, Georgia sold for $87M in 2022. Reported inventory is 410 units across 410 units. Kevin Geiger, CBRE appear on the sale alongside CBRE. This page is the Atlanta, Georgia file for the 4700 N Hill Pkwy Atlanta, GA 30341, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Atlanta sit in the Market section below. Filter that Atlanta multifamily set by closing date to see what else sold near 4700 N Hill Pkwy Atlanta, GA 30341, USA around 2022. Published consideration for 4700 N Hill Pkwy Atlanta, GA 30341, USA is $87M, dated 2022. Cite this ECI Group Sells Multifamily Property In Atlanta For $87M With Buyer's Rep Jimmy Baugnon & Broker Kevin Geiger sale when underwriting similar multifamily product around Atlanta, Georgia.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93