Updated Dec 4, 2024
Leonard Floyd's LLC Acquires Buckhead Mansion In Atlanta For $4.9M
1185 Mount Paran Road Northwest
$4,900,000
$363/SF
Building Size
13,500 SF
Asset Type
Single Family
Closing
May 22, 2024
About this deal
AI
A 13,500-square-foot single-family home located at 1185 Mount Paran Road Northwest in Atlanta, GA, was sold for $4.9 million. The property was purchased by Leonard Floyd's LLC from previous owner, former NFL player Darnell Dockett. The selling price equated to approximately $363 per square foot.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,900,000
- Address: 1185 Mount Paran Road Northwest, Atlanta, GA
- Market: Atlanta, GA
Stephanie McCarthy from Keller Williamsrepresented the buyer in the transaction, while Cynthia Walker from Engel & Völkers was the seller's representative. The property, a mansion situated in Atlanta's Buckhead area, changed hands as a deal between these parties on 05/22/2024.
Players
Atlanta Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93