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6405 Maurer Road

Rockcrest Holdings Acquires 6405 Maurer Road Multifamily In Shawnee Kansas For $30.9M
SOLDMultiFamily

Rockcrest Holdings Acquires 6405 Maurer Road Multifamily In Shawnee Kansas For $30.9M

6405 Maurer Road

$30,900,000

$146/SF

Building Size

210,648 SF

Asset Type

MultiFamily

Closing

Mar 4, 2025

AI

The transaction involved a multifamily asset located at 6405 Maurer Road in Shawnee, KS. The property was sold for a total price of $30,900,000, consisting of 228 units, which translates to a price per unit of $135,526. The total square footage of the asset is 210,648, resulting in a price per square foot of $146.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $30,900,000
  • Units: 228
  • Price Per Unit: $135,526
  • Square Footage: 210,648
  • Price Per Square Foot: $146
  • Buyer: Rockcrest Holdings
  • Seller: Stoneweg US
  • Brokers: Jonathan Brody & Michael Schattner - Base Realty Group

In this transaction, Rockcrest Holdings acted as the buyer while Stoneweg US was the seller. The deal was facilitated by brokers Jonathan Brody and Michael Schattner from Base Realty Group, who represented the involved parties efficiently throughout the process.

Players

Jonathan Brody

Base Realty Group

Broker

$1.7B

vol

48 deals

Broker
SU
Stoneweg USSeller

Shawnee MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93