Interra Realty Facilitates $1.16M Sale Of Multifamily Property In Midlothian
3329 147th Place
$1,160,000
Building Size
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Asset Type
—
Closing
Aug 25, 2022
AI
A multifamily property located at 3329 147th Pl in Midlothian has been sold for a price of $1,160,000. The property is situated in a desirable market and offers potential for investment and growth.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,160,000
The sale was facilitated by Michael Duckler from Interra Realty, who represented the buyer and seller in the transaction. Michael Duckler is an experienced broker known for his expertise in the market.
Players
Midlothian CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93