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100 Bon Air Drive

Graycliff Capital Partners Acquires 416-Unit Multifamily Portfolio In Augusta From Haley Real Estate Group
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:

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

Andrew Mays

Berkadia

Broker

$146.5M

vol

2 deals

Broker
Caitlin Steelman

Caitlin Steelman

Graycliff Capital Partners

Buyer

$43.8M

vol

1 deal

Buyer
HG
Haley Real Estate GroupSeller

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