Strategic Realty Holdings Acquires Property At 3901 Suitland Rd For $45.8 Million
SOLD
$45,800,000
Alabama
See Similar DealsMultiFamily
Sold 09/11/2019
SOLD
Strategic Realty Holdings Acquires Property At 3901 Suitland Rd For $45.8 Million
3901 Suitland Rd, Suitland-Silver Hill...
See Similar DealsMultiFamily
Sold 09/11/2019
Summary
ALABAMA
Asset Type:MultiFamily
Transaction Type:Sale
The property asset involved in this transaction is located at 3901 Suitland Rd, Suitland-Silver Hill within the Silverhill market. The property was sold for a total of $45,800,000.00 and the size details provided indicate 0 square feet.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $45,800,000.00
- Address: 3901 Suitland Rd, Suitland-Silver Hill
- Market: Silverhill
- Seller's Representative: Justin Shay, Dean Sigmon - Transwestern
- Buyer: Strategic Realty Holdings
The representation of the seller in this transaction was conducted by Justin Shay and Dean Sigmon from Transwestern, while the buyer was Strategic Realty Holdings. This transaction reflects a significant investment in the Silverhill market by Strategic Realty Holdings, emphasizing their active role in property acquisition.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,442,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$162,717.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$217,115.37
Annual Debt Service$2,605,384.39
Is there something missing? Send suggestions