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

/

Maryland

/

Multifamily

/

Sale

/

111 Versailles Circle, Tows...

Livingston Street Capital Acquires Multifamily Property In Towson For $62.8M
SOLDMultiFamily

Livingston Street Capital Acquires Multifamily Property In Towson For $62.8M

111 Versailles Circle, Towson, Maryland 21204, United States

$62,800,000

Units

210

Asset Type

MultiFamily

Closing

Oct 3, 2022

AI

The multifamily property located at 111 Versailles Circle in Towson, MD was recently sold in a closed transaction. The sale took place on 10/04/2022. The property, consisting of 210 units, was acquired by Livingston Street Capital for a sale price of $62,800,000. This translates to a per unit price of $299,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $62,800,000
  • Address: 111 Versailles Circle, Towson, MD
  • Market: Towson, MD
  • Buyer: Livingston Street Capital
  • Seller: Cadre
  • Units: 210
  • Price Per Unit: $299,000

The sale of the property was facilitated by Cadre, representing the seller in the transaction. Livingston Street Capital, on the other hand, was represented by their own broker representative in the deal.

Players

LC
Livingston Street CapitalBuyer
C
CadreSeller

Towson 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

0.25%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93