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5837 Fisher Rd, Temple Hill...

OneWall Communities Acquires Multifamily Property In Temple Hills For $97M
SOLDMultiFamily

OneWall Communities Acquires Multifamily Property In Temple Hills For $97M

5837 Fisher Rd, Temple Hills, MD 20748

$97,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 2, 2022

AI

OneWall Communities has acquired a multifamily property located at 5837 Fisher Road in Temple Hills, Md. The property spans 21 acres and was sold by Hampshire Properties for a total sale price of $97,000,000. The transaction was completed on 03/03/2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $97,000,000
  • Address: 5837 Fisher Road, Temple Hills, Md
  • Market: Temple Hills, Md
  • Acres: 21

The buyer, OneWall Communities, was represented by Nate Kline. The seller was Hampshire Properties. The deal was brokered by Dean Sigmon, Robin Williams, Justin Shay, and Michael D’Amelio from Transwestern. The mortgage brokers involved in the transaction were Joanne Williams and Steven Doherty from CBRE.

Players

Steven Doherty

CBRE

Broker

$176M

vol

2 deals

Broker

Nate Kline

OneWall Communities

Buyer

$150M

vol

2 deals

Buyer
HP
Hampshire PropertiesSeller

Temple Hills 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

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93