Sylvan Realty Brokers $45+ Million SFR Portfolio Sale in Atlanta, GA
Thursday, June 16th, 2022
Sylvan Realty brokered the sale of a $45+ million, 200+ home single-family rental portfolio in metro Atlanta. The sale was between two premier institutional firms attracted to high-performing portfolios.
PORTFOLIO DETAILS:
Value add, 3/2, 1400+ sq ft homes in growth submarkets in commuter-friendly, highly desirable neighborhoods
Mid-tier priced homes offer high market demand and solid rent growth
Superior finishes and institutional quality renovations and property management
The Atlanta market is ranked #2 for total renter-occupied single-family homes
$225,000+ price per door
"This transaction provided a terrific opportunity to acquire a high performing portfolio in a very desirable submarket. We believe this portfolio is well positioned for continued growth," said John Bielefeldt, of Sylvan Realty.