Updated Oct 2, 2026
Gregory S. Bates Of GID Acquires Multifamily Property In Kennesaw For $42.5M
3350 George Busbee Parkway Northwest
$42,500,000
Units
240
Asset Type
MultiFamily
Closing
Oct 2, 2026
About this deal
AI
The Windsor TownPark apartment complex is a multifamily asset located at 3350 George Busbee Parkway Northwest in Kennesaw, GA. The property, built in 1997, comprises 240 units and was sold for $42.5 million. As of the sale, the complex was 93% occupied and generated a net operating income of $2.92 million through June, indicating a 6.87% cap rate.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,500,000
- Units: 240
- Price Per Unit: $177,083
- Buyer: Gregory S. Bates - GID
- Seller: Todd Briddell - CenterSquare Investment Management
This transaction involved Gregory S. Bates representing GID as the buyer. The seller, Todd Briddell, represented CenterSquare Investment Management in this sale. The deal was finalized on October 2, 2026.
On the Map
$42,500,000
MultiFamily
View full map
Players
Kennesaw MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Todd Briddell to view all their deals.
Browse Kennesaw multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93