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← Pipeline·Residences at Sandy Springs·CLOSING

Ask about Residences at Sandy Springs — the deal brief is on the right. Try 'triage this deal', 'draft IC memo', or 'summarize DD findings'.

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Deal brief

Residences at Sandy Springs

Residences at Sandy Springs

Multifamily Sandy Springs CLOSING
Address 3358 Lamar Blvd
Location Atlanta, GA
Size 60 units
Built 1988
Occupancy 80.1%
Ownership Institutional

Deal economics

Ask price $14.6M
NOI (annual) $629k
Cap rate 4.32%
LTM revenue $1.2M
LTM NOI $542k
Seller intent Warm

Top tenants

  • Resident reside-056 · 156$4k base
  • Resident reside-051 · 151$4k base
  • Resident reside-053 · 153$3k base
  • Resident reside-060 · 160$3k base
  • Resident reside-057 · 157$3k base

DD findings

  • No findings yet — try running the Doc Room Auditor.
60-unit garden-style community in Sandy Springs, Atlanta. Built 1988, renovated 2013. Current occupancy 80.1%.