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1221 Half St SE, Washington...

Nicholas Papadopoulos Represents Tenant In 9000 SF Multifamily Lease In Washington
LEASEDMultiFamily

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:

This transaction features JBG Smith acting as the landlord, with Nicholas Papadopoulos from Papadopoulos Properties representing the tenant in the lease agreement.

Players

Nicholas Papadopoulos

Papadopoulos Properties

Broker

2 deals

Broker
JBG Smith
JBG SmithBrokerage
JBG Smith
JBG SmithLandlord

Washington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

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