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9039 Meghan Court

Gabriel M. Hall Purchases Townhome Property From BRD Development LLC For $3.4M In Spring Valley
SOLDMultiFamily

Gabriel M. Hall Purchases Townhome Property From BRD Development LLC For $3.4M In Spring Valley

9039 Meghan Court

$3,395,000

Building Size

Asset Type

MultiFamily

Closing

Aug 5, 2025

AI

The transaction involved a townhome asset consisting of five units located at 9031-9039 Meghan Court in the Spring Valley market. The sale price was $3,395,000, which equates to a price per unit of $679,000. This newly built property was sold by BRD Development LLC to Gabriel M. Hall, reflecting a successful transaction with strong investor interest.

Summary of transaction details:

  • Property Type: Townhome
  • Transaction Amount: $3,395,000
  • Units: 5
  • Price Per Unit: $679,000
  • Buyer: Gabriel M. Hall
  • Seller: BRD Development LLC
  • Buyer's Representative: The Pollard Company
  • Seller's Representatives: Austin Ray Huffman & Wyatt Darien - Zorbas Huffman Group - Marcus & Millichap

This transaction was notably brokered by Marcus & Millichap, which facilitated the full-price, no-concessions deal, marking a record price per unit in the Spring Valley submarket, showcasing the robust demand amongst investors.

Players

Austin Ray Huffman

Marcus & Millichap

Broker

$64.9M

vol

10 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Spring Valley MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93