Matthews Real Estate Investment Services Sells Vaughan Village Apartments In Elizabethtown For $4.9M
100 Crimson Creek Drive
$4,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 21, 2024
AI
The Vaughan Village Apartments, a multifamily community located at 100 Crimson Creek Drive in Elizabethtown, KY, was sold for $4,900,000. The property consists of 48 duplex-style units situated on nine acres in the Elizabethtown market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,900,000
- Units: 48
- Price Per Unit: $102,083
- Address: 100 Crimson Creek Drive
- Market: Elizabethtown, KY
- Brokers: Austin Graham, Austin Tomaiko & Ellie Funk - Matthews Real Estate Investment Services
Matthews Real Estate Investment Services played a crucial role in facilitating the transaction of the Vaughan Village Apartments. The brokers involved in the deal were Austin Graham, Austin Tomaiko, and Ellie Funk from Matthews Real Estate Investment Services, showcasing their expertise in the real estate market of Elizabethtown, KY.
Players
Elizabethtown 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93