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
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