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218 Roswell Street, Mariett...

Nicholas Wealth Management Acquires Office Building In Marietta, GA For $5.3M
SOLDOffice

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

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.

Players

Bradley Fulkerson

Transwestern

Broker

$57.9M

vol

4 deals

Broker

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