SOLD
The Bronn Family Acquires Retail Property In Conyers, GA For $2.7M
929 Iris Drive Southeast
MultiFamily
6,979 SF
6,979 SF
Sold 361 days ago
Summary
Sale
GEORGIA
MultiFamily
6,979 sqft
The retail property located at 929 Iris Drive Southeast in Conyers, GA has been sold. The property spans 6,979 square feet and was sold at a price of $2,665,298, resulting in a price per square foot of $382. The transaction took place on May 16, 2023, with a cap rate of 5.63%.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,665,298
- Square Footage: 6,979
- Price per Square Foot: $382
- Cap Rate: 5.63%
- Market: Conyers, GA
The buyer of the property is The Bronn Family. The transaction was facilitated by brokers Stephen R. Preuss Sr and Kevin Schmitz from Ripco, along with Robert Sharfstein.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Stephen R. Preuss Sr., Kevin Schmitz & Robert Sharfstein
DATE: 05/16/2023
ADDRESS: 929 Iris Drive Southeast
MARKET: Conyers, GA
ASSET TYPE: Retail
BUYER: The Bronn Family
BROKERS: Stephen R. Preuss Sr (@RipcoInvestmentSales), Kevin Schmitz (@Kevin.Schmitz_CRE) - Ripco & Robert Sharfstein
SALE PRICE: $2,665,298
SF: 6,979 ~ PPSF: $382
CAP RATE: 5.63%View on map
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Address929 Iris Drive Southeast
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