Icer Properties Acquires Multifamily Property In Conyers, GA For $27M

An multifamily property located at 893 Briar Creek Ct. NE and 1200 Rockmont Cir SW in Conyers, GA was recently sold in a transaction. The property consists of 254 units and was sold for a total price of $27,000,000, resulting in a per unit price of $106,299.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $27,000,000
• Units: 254
• Price Per Unit: $106,299
• Date: 10/25/2021
• Market: Conyers, GA

The buyer in this transaction was Icer Properties, represented by Joseph Jemal. The seller was Praxis Capital, represented by Brian Burke. Jonathan Brody from Rosewood Realty Group acted as the broker in the deal.