Trion Properties Acquires 267-Unit Multifamily Property In Atlanta, GA For $44M

An exquisite multifamily property located at 648 Whisper Ln in Atlanta, GA has recently been sold in a closed transaction. This property encompasses a total of 267 units with each unit having a price per unit (PPU) of $164,794. Additionally, the property spans over 270,703 square feet, with a price per square foot (PPSF) of $163. The sale price of this remarkable property amounted to $44,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $44,000,000
• Units: 267
• Price per Unit: $164,794
• Square Footage: 270,703
• Price per Square Foot: $163

This remarkable acquisition was completed by Trion Properties, represented by Max Sharkansky, Mitch Paskover, Adrie Bailey, and Felipe Montes de Oca. On the other hand, One Real Estate Investment acted as the seller in this transaction. The involvement of these key individuals and companies adds further depth to the significance of this deal.