TS Communities Acquires Avia At North Springs Multifamily In Atlanta For $107.5M | 7150 Peachtree Dunwoody Road Northeast | MultiFamily | Sale

Summary

Sale

GEORGIA

MultiFamily

The Avia at North Springs apartment property in Atlanta, Georgia has been sold for a total of $107.5 million. The property, located at 7150 West Peachtree Dunwoody Road Northeast in Sandy Springs, consists of 530 units. This translates to approximately $202,830 per unit.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $107,500,000
Units: 530
Price Per Unit: $202,830

The buyer of the Avia at North Springs apartment property is TS Communities, an affiliate of Tishman Speyer. The seller in this transaction is Jordan E. Slone of Harbor Group International. TS Communities, with this acquisition, adds a valuable asset to their portfolio in Atlanta.

Details

Deal Summary

SOLD

IMAGE: Jordan E. Slone DATE: 09/19/2023 ADDRESS: 7150 West Peachtree Dunwoody Road Northeast MARKET: Sandy Springs, GA ASSET TYPE: Multifamily BUYER: TS Communities SELLER: Jordan E. Slone - Harbor Group International SALE PRICE: $107,500,000 UNITS: 530 ~ PPU: $202,830 NOTE: TS Communities, an affiliate of Tishman Speyer, has acquired the 530-unit Avia at North Springs apartment property in Atlanta for $107.5 million, equivalent to approximately $202,830 per unit.

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Address7150 Peachtree Dunwoody Road Northeast

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