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5305 Dana Place Northwest W...

C&O Real Estate Partners Acquires Mixed-Use Property In Washington, DC For $1.775M
SOLDMixed-use

C&O Real Estate Partners Acquires Mixed-Use Property In Washington, DC For $1.775M

5305 Dana Place Northwest Washington, District Of Columbia 20016, Usa

$1,775,000

Building Size

Asset Type

Mixed-use

Closing

Jun 6, 2023

AI

The mixed-use property located at 5305 Dana Place Northwest in Washington, DC has been sold for a price of $1,775,000. The property is situated in a prime location, offering a combination of residential and commercial spaces.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $1,775,000
  • Date: 06/06/2023
  • Address: 5305 Dana Place Northwest, Washington, DC
  • Market: Washington, DC

The buyer for this transaction is C&O Real Estate Partners. The deal was facilitated by the brokers Ian Ruel and Josh Feldman from Feldman Ruel. Their strong expertise in the real estate industry played a crucial role in successfully closing the deal.

Players

Josh Feldman

Feldman Ruel Urban Property Advisors

Broker

$9.9M

vol

3 deals

Broker

Washington Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93