Nicholas Wealth Management Acquires Office Building In Marietta, GA For $5.3M
218 Roswell Street, Marietta, Georgia 30060, United States
$5,300,000
Building Size
—
Asset Type
Office
Closing
Sep 25, 2022
About this deal
AI
An office property located at 218 Roswell Street in Marietta, GA has been sold for a price of $5,300,000. The property, managed by Nicholas Wealth Management, was transacted through the representation of Bradley Fulkerson and Austin Hibbard from Transwestern.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $5,300,000
- Address: 218 Roswell Street, Marietta, GA
- Market: Marietta, GA
Nicholas Wealth Management has acquired the office property located at 218 Roswell Street in Marietta, GA. The purchase was facilitated by Bradley Fulkerson and Austin Hibbard from Transwestern, who acted as the brokers representing Nicholas Wealth Management in the deal.
On the Map
$5,300,000
Office
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Players
Marietta Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93