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

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SOLD
CZ
AS

Texas

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SOLD

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

1500 Post Oak Dr, Clarkston, Georgia 30021, United States

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AS
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Summary

TEXAS
Transaction Type:Sale

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.

Players

SP
Shamah Properties
BUYER
CZ
Carl Zekaria
2 deals$68M volume
BUYER
AS
Alan Shamah
3 deals$68M volume
BUYER
TG
The Walden Group
SELLER

Details

SOLD
IMAGE: Eddie Setton, Carl Zekaria, Alan Shamah & Nathan Swenson DATE: 08/10/2022 ADDRESS: 1500 Post Oak Dr. MARKET: Clarkston, GA ASSET TYPE: Multifamily BUYER: Shamah Properties (@ShamahProperties) - Eddie Setton (@EdSetton), Carl Zekaria & Alan Shamah SELLER: The Walden Group BROKER: Nathan Swenson - Cushman & Wakefield SALE PRICE: $68,000,000 UNITS: 368 ~ PPU: $184,782 SF: 483,400 ~ PPSF: $140

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