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Amanda Mankovsky Sells 71 Unit Multifamily Asset In Van Buren For $2.5M With Brokers Samuel Finkler & Reese Weaver

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SOLD
$2,500,000

Arkansas

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MultiFamily82,962 SF
Sold 12/30/2024
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Property Image
SOLD

Amanda Mankovsky Sells 71 Unit Multifamily Asset In Van Buren For $2.5M With Brokers Samuel Finkler & Reese Weaver

20 South 21st Street

See Similar Deals
MultiFamily82,962 SF
Sold 12/30/2024
Contact now

Summary

ARKANSAS
Asset Type:MultiFamily
Price Per Square Foot:$30
Total Square Footage:82,962 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 20 South 21st Street in Van Buren, AR. The sale price for the asset was $2,500,000, comprising 71 units with a price per unit of $35,211. The total square footage of the asset measures 82,962, resulting in a price per square foot of $30.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Units: 71
  • Price Per Unit: $35,211
  • Square Feet: 82,962
  • Price Per Square Foot: $30
  • Seller: Amanda Mankovsky
  • Broker: Samuel Finkler & Reese Weaver - Besen Partners
  • Date of Transaction: 12/30/2024
  • Market: Van Buren, AR

The transaction featured representation from Samuel Finkler and Reese Weaver of Besen Partners, who acted on behalf of the seller, Amanda Mankovsky, ensuring a smooth transition of ownership for the multifamily asset. Their expertise contributed to the successful closing of this sale.

Players

Samuel (Sam) Finkler
33 deals$151.1M volume(973) 870-2916
BROKER

Reese Weaver
Besen Partners
5 deals$29M volume(504) 452-8031
BROKER

Details

SOLD
IMAGE: Samuel Finkler & Reese Weaver DATE: 12/30/2024 ADDRESS: 20 South 21st Street MARKET: Van Buren, AR ASSET TYPE: Multifamily SELLER: Amanda Mankovsky BROKER: Samuel Finkler (@Sam_Finkler) & Reese Weaver (@Reese_Weaver) - Besen Partners (@BesenPartners) SALE PRICE: $2,500,000 UNITS: 71 ~ PPU: $35,211 SF: 82,962 ~ PPSF: $30

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
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