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
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