Greystone Provides $59.7M Acquisition Loan For 488-Unit Multifamily In Oxon Hill, MD
5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States
$59,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 3, 2022
AI
The property involved in this transaction is a multifamily asset located at 5400 Livingston Terrace in Oxon Hill, MD. It consists of 488 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $59,700,000
- Address: 5400 Livingston Terrace, Oxon Hill, MD
- Market: Oxon Hill, MD
- Units: 488
The lender for this transaction is greystone''>Greystone, represented by Eric Rosenstock and Dan Sacks.
This is an acquisition loan with a total amount of $59,700,000.
Players
Oxon Hill MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93