Updated Oct 16, 2026
Robert E. Hart Of TruAmerica Multifamily Acquires 446-Unit Bricks At Perimeter Center In Dunwoody
302 Perimeter Center North
Units
446
Asset Type
MultiFamily
Closing
Oct 15, 2026
About this deal
AI
The 446-unit Bricks at Perimeter Center apartment community is located at 302 Perimeter Center North in Dunwoody, Georgia. The asset is categorized as multifamily, and the buyer plans to undertake renovations on 442 of the units, featuring upgraded finishes such as quartz countertops, stainless-steel appliances, and new flooring to cater to long-term rental demand in the constrained market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Address: 302 Perimeter Center North
- Market: Dunwoody, GA
- Units: 446
- Buyer: Robert E. Hart - TruAmerica Multifamily
- Broker: Kevin Geiger - CBRE
Robert E. Hart represents TruAmerica Multifamily in the acquisition of this apartment community, with Kevin Geiger representing CBRE in the transaction. The planned renovations reflect an investment strategy aimed at addressing the needs of a supply-constrained rental market.
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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