Updated Dec 4, 2024
Dion Waiters Sells Pinecrest Estate To Unnamed Buyer For $11.1M
5745 Southwest 94th Street
$11,100,000
$842/SF
Building Size
13,172 SF
Asset Type
Single Family
Closing
Mar 8, 2024
About this deal
AI
The Pinecrest estate sold by basketball star Dion Waiters for $11.1 million features nine bedrooms, 11 bathrooms, and two half-bathrooms, set on a 1.94-acre property located at 5745 Southwest 94th Street in Pinecrest.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,100,000
- Square Footage: 13,172
- Price Per Square Foot: $843
- Address: 5745 Southwest 94th Street
- Market: Pinecrest
- Buyer: Faranak Mehdian
- Buyer's Representative: Faranak Mehdian - Coldwell Banker
- Seller: Dion Waiters
- Seller's Representative: Ashley Michelle Velez - PURE Investments
The buyer of Dion Waiters' Pinecrest estate, a mansion with luxurious amenities such as a theater, pool, and outdoor kitchen, remains undisclosed in the transaction. Faranak Mehdian from Coldwell Banker represented the buyer, while Ashley Michelle Velez from PURE Investments was Dion Waiters' representative in the deal.
Players
Pinecrest Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $842 per square foot on a published $11.1M for 13,172 square feet (2024).
Visit PURE Investments to view all their deals.
Browse Pinecrest single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93