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
Washington Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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