Newmark Arranges Sale Of 350-Unit Multifamily Community At 8800 Dunwoody Place In Dunwoody GA

The Bowie is a 350-unit multifamily community located at 8800 Dunwoody Place in Dunwoody, GA. Built in 1980 on a 29.5-acre site, the property features 25 buildings and was 86% occupied at the time of sale. Since 2018, it has undergone approximately $8 million in capital improvements, providing additional value-add potential for the new owner.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 350
• Acres: 29.5
• Address: 8800 Dunwoody Place
• Market: Dunwoody, GA
• Brokerage: Newmark
• Broker Representatives: Brooks Colquitt, David Gutting, Derrick Bloom, Hunter Amos & James Wilber

Newmark arranged the sale on behalf of the seller, effectively facilitating the transaction for the multifamily community. The involvement of experienced brokers highlights the strategic approach taken in the marketing and sale process of the property.