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608 T St NW, Washington, DC...

Capital Security Advisors Acquires Property From Monument Realty For $49 Million In Washington D.C
SOLDMultiFamily

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

Brian Crivella

Berkadia

Broker

$1.8B

vol

17 deals

Broker
MR
Monument RealtySeller

Washington 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

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93