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Sylvan Realty has brokered the sale of a $45 million, 200-plus home single-family rental portfolio in metro Atlanta

Sylvan Realty Brokers $45M Portfolio Sale of 200 SFR Homes in Atlanta

Atlanta, GA-based Sylvan Realty has brokered the sale of a $45 million, 200-plus home single-family rental portfolio in metro Atlanta. The portfolio sale price averages out to approximately $255,000 per door.

The sale was between two institutional firms.

The value-add homes are three-bedroom, two-bath properties of 1,400 square feet or more, in growth submarkets in commuter-friendly, desirable neighborhoods. The mid-tier priced homes offer high market demand and solid rent growth

“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.

Sylvan Realty is a wholly owned subsidiary of Sylvan Road, an investment firm focused exclusively on single family real estate with over $3.5 billion in assets currently under management.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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