facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Kansas

/

Multifamily

/

Sale

/

8710 West 106th Terrace, Ov...

Balfour Real Estate And AVO Capital Partners Acquire 90-Unit Multifamily Property In Overland Park, KS For $10M
SOLDMultiFamily

Balfour Real Estate And AVO Capital Partners Acquire 90-Unit Multifamily Property In Overland Park, KS For $10M

8710 West 106th Terrace, Overland Park, Kansas 66212, United States

$10,000,000

$103/SF

Building Size

97,000 SF

Asset Type

MultiFamily

Closing

Aug 21, 2022

AI

The multifamily property located at 8710 W 106th Terrace in Overland Park, KS has been sold. The sale took place on 08/09/2022 and the property was purchased for a total of $10,000,000. The property consists of 90 units, with a price per unit of $111,111. The total square footage of the property is 97,000, resulting in a price per square foot of $103.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $10,000,000
  • Units: 90
  • Price Per Unit: $111,111
  • Square Footage: 97,000
  • Price Per Square Foot: $103
  • Market: Overland Park, KS

The buyer of the property is Balfour Real Estate represented by Brett Rosenthal and Miles Bronstein, along with AVO Capital Partners represented by Todd Feldman and Justin Schuss. The seller of the property is Worcester Communities. The deal was facilitated by Northmarq.

Players

Jeff Lamott

NorthMarq

Broker

$45.3M

vol

3 deals

Broker

Overland Park 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

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93