Capital Security Advisors Acquires Property From Monument Realty For $49 Million In Washington D.C
608 T St NW, Washington, DC, 20001
$49,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 30, 2020
AI
The property involved in this transaction is located at 608 T St NW, Washington, DC, 20001, situated in the Washington market. The sale price was recorded at $49,000,000.00 with a total square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $49,000,000.00
- Address: 608 T St NW, Washington, DC, 20001
- Market: Washington
- Seller: Monument Realty
- Buyer: Capital Security Advisors
- Seller's Representative: Brian Crivella - Berkadia
The individuals and companies involved in this transaction include Monument Realty as the seller and Capital Security Advisors as the buyer. Brian Crivella from Berkadia acted as the representative for the seller, facilitating the transaction between these parties.
Players
Washington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93