Updated Oct 28, 2024
Quattro Capital Acquires Stone Mountain Multifamily For $7.4M
481 Hambrick Road, Stone Mountain, Georgia 30083, United States
$7,400,000
Units
92
Asset Type
MultiFamily
Closing
Jun 28, 2022
About this deal
AI
The multifamily property located at 481 Hambrick Rd in Stone Mountain, GA has been sold at a price of $7,400,000. The property consists of 92 units, resulting in a per unit price of $80,435. The transaction took place on 06/29/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,400,000
- Units: 92
- Price Per Unit: $80,435
The buyer of the property is Quattro Capital, LLC, while the seller is Crown Bay Group, LLC - Steve Firestone.
The multifamily sale at 481 Hambrick Road, Stone Mountain, Georgia 30083, United States in Stone Mountain, Georgia sold for $7.4M in 2022. Reported inventory is 92 units across 92 units. Named participants on the 481 Hambrick Road, Stone Mountain, Georgia 30083, United States sale are Steve Firestone. This page is the Stone Mountain, Georgia file for the 481 Hambrick Road, Stone Mountain, Georgia 30083, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Stone Mountain sit in the Market section below. Filter that Stone Mountain multifamily set by closing date to see what else sold near 481 Hambrick Road, Stone Mountain, Georgia 30083, United States around 2022. Published consideration for 481 Hambrick Road, Stone Mountain, Georgia 30083, United States is $7.4M, dated 2022. Cite this Quattro Capital Acquires Stone Mountain Multifamily For $7.4M sale when underwriting similar multifamily product around Stone Mountain, Georgia.
Stone Mountain 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93