Marcus & Millichap Sells Wentzville Multifamily Property For $5M With Ben Margalski & Aaron Kuroiwa - Marcus & Millichap
601 Scotti Lane Wentzville, Missouri 63385, USA
$5,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 22, 2023
AI
The multifamily property located at 601 Scotti Lane in Wentzville, MO has been sold. The transaction was facilitated by Ben Margalski and Aaron Kuroiwa of Marcus & Millichap.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $5,000,000
- Units: 40
- Price Per Unit (PPU): $125,000
This sale represents a significant investment in the Wentzville market. The property offers 40 units with an average price per unit of $125,000. The transaction was made possible through the expertise of Ben Margalski and Aaron Kuroiwa from Marcus & Millichap.
Players
Wentzville 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93