SOLDMultiFamily
Graycliff Capital Partners Acquires 416-Unit Multifamily Portfolio In Augusta From Haley Real Estate Group
100 Bon Air Drive & 1700 Bowdoin Drive
Building Size
—
Asset Type
MultiFamily
Closing
Jul 13, 2026
AI
The transaction involves the acquisition of a multifamily portfolio consisting of two garden-style communities with a total of 416 units located at 100 Bon Air Drive and 1700 Bowdoin Drive in Augusta, Georgia. The properties were sold by Haley Real Estate Group to Graycliff Capital Partners.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 416
- Buyer: Caitlin Steelman - Graycliff Capital Partners
- Seller: Haley Real Estate Group
- Brokers: Mike Riley, Ian Shaw, Andrew Mays & Paul Vetter - Berkadia
- Mortgage Brokers: Jake Adoni & Jeremy Lynch - Berkadia
- Date of Transaction: June 24, 2026
Berkadia played a significant role in this transaction by completing the sale and securing Freddie Mac financing for the acquisition. The deal was led by Berkadia’s Atlanta investment sales team along with their Philadelphia debt team, reflecting a comprehensive approach in facilitating the transaction.
Players
Augusta MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93