Clark Ventures Acquires Park At The Hill Multifamily In Atlanta For $69.5M From Broadtree Real Estate
5385 Peachtree Dunwoody Road
$69,500,000
Units
296
Asset Type
MultiFamily
Closing
Aug 4, 2025
AI
The property asset involved in this transaction is a 296-unit multi-family complex located at 5385 Peachtree Dunwoody Road in Sandy Springs, Atlanta, GA. The asset spans over 13 acres and has a sale price of $69,500,000, with a price per unit of $234,797. The property, previously known as Aspire Perimeter, is situated in the Pill Hill medical hub and is managed by BH Management Services.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $69,500,000
- Units: 296
- Price Per Unit: $234,797
- Buyer: Clark Ventures
- Seller: Broadtree Real Estate
- Sale Date: 08/04/2025
- Market: Atlanta, GA
- Acres: 13
Clark Ventures acquired this property, securing it slightly above its 2019 sale price of $69.2 million. The transaction reflects ongoing interest in multi-family assets within key market areas such as the Pill Hill medical hub.
Players
Atlanta 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93