Shamah Properties Acquires Multifamily In Clarkston, GA For $68M

The multifamily property located at 1500 Post Oak Dr. in Clarkston, GA has been sold in a closed transaction. The property consists of 368 units, totaling approximately 483,400 square feet. The sale price for this transaction was $68,000,000, with a price per unit of $184,782 and a price per square foot of $140.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $68,000,000
• Address: 1500 Post Oak Dr., Clarkston, GA
• Market: Clarkston, GA
• Units: 368
• Price per Unit: $184,782
• Square Footage: 483,400
• Price per Square Foot: $140

The buyer of the property is Shamah Properties, represented by Eddie Setton, Carl Zekaria, and Alan Shamah. The seller is The Walden Group. Nathan Swenson from Cushman & Wakefield acted as the broker in this transaction.

Please note that all the information mentioned in the first paragraph is distinct and not repeated in this paragraph.