Nicholas Papadopoulos Represents Tenant In 9000 SF Multifamily Lease In Washington
1221 Half St SE, Washington, DC, 20003
Building Size
9,000 SF
Asset Type
MultiFamily
Closing
Jun 27, 2018
AI
The property asset involved in this transaction is a MultiFamily type located at 1221 Half St SE, Washington, DC, 20003. The total square footage of the asset measures 9000 square feet, situated in the Washington market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 1221 Half St SE, Washington, DC, 20003
- Market: Washington
- Square Feet: 9000
- Landlord: JBG Smith
- Tenant's Representative: Nicholas Papadopoulos-Papadopoulos Properties
This transaction features JBG Smith acting as the landlord, with Nicholas Papadopoulos from Papadopoulos Properties representing the tenant in the lease agreement.
Players
Washington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93