SOLDMultiFamily
Zane Peterson Of Main Place Real Estate Facilitates $1.2M Sale Of Warrensburg Multifamily
260 Washington Street
$1,200,000
Units
23
Asset Type
MultiFamily
Closing
Feb 27, 2024
AI
The multifamily property at 260 North Washington Street in Warrensburg, spanning 1.24 acres, was recently sold for $1,200,000. This property consists of 23 units, with an average price per unit of $52,174.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 23
- Price Per Unit: $52,174
- Address: 260 North Washington Street
- Market: Warrensburg
Zane Peterson from Main Place Real Estate played a crucial role as the broker in facilitating the transaction.
Warrensburg MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93