facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Georgia

/

Multifamily

/

Sale

/

9000 Watson Boulevard, Byro...

Carter Multifamily Acquires Multifamily Property In Byron, GA From NorthRock Cos For $34.5M
SOLDMultiFamily

Carter Multifamily Acquires Multifamily Property In Byron, GA From NorthRock Cos For $34.5M

9000 Watson Boulevard, Byron, Georgia 31008, United States

$34,500,000

Units

200

Asset Type

MultiFamily

Closing

Jan 26, 2023

AI

The multifamily property located at 9000 Watson Blvd in Byron, GA has been sold. The transaction took place on January 26, 2023, with a sale price of $34,500,000. The property consists of 200 units, resulting in a price per unit of $172,500.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $34,500,000
  • Address: 9000 Watson Blvd, Byron, GA
  • Market: Byron, GA
  • Buyer: Carter Multifamily
  • Seller: NorthRock Cos
  • Units: 200
  • Price Per Unit: $172,500

Carter Multifamily has acquired the property from NorthRock Cos. The deal was successfully closed, and Carter Multifamily will now take ownership of the property.

Players

CM
Carter MultifamilyBuyer

Byron MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93