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8100 15th Ave, Hyattsville,...

Jair Lynch Real Estate Partners Acquires Property In Hyattsville For $87.5 Million
SOLDMultiFamily

Jair Lynch Real Estate Partners Acquires Property In Hyattsville For $87.5 Million

8100 15th Ave, Hyattsville, MD, 20783

$87,500,000

Building Size

Asset Type

MultiFamily

Closing

May 5, 2020

AI

The property involved in the transaction is located at 8100 15th Ave, Hyattsville, MD, 20783, within the Hyattsville market. The sale price was $87,500,000.00, and the square footage for this property is 0.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $87,500,000.00
  • Address: 8100 15th Ave, Hyattsville, MD, 20783
  • Market: Hyattsville
  • Seller's Representative: Justin Shay, Dean Sigmon - Transwestern
  • Buyer: Jair Lynch Real Estate Partners

The transaction was facilitated by the seller's representatives, Justin Shay and Dean Sigmon from Transwestern, representing the seller in the deal. Jair Lynch Real Estate Partners acted as the buyer in this transaction.

Players

Dean Sigmon

Transwestern

Broker

$647.5M

vol

12 deals

Broker
Jair Lynch

Jair Lynch

Jair Lynch Real Estate Partners

Buyer

$340.3M

vol

6 deals

Buyer

Hyattsville 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

0.18%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93