Updated Dec 4, 2024
Victor M. Nascimento Facilitates $1.01M Multifamily Sale In Elizabeth City
$1,014,800
Building Size
—
Asset Type
MultiFamily
Closing
Mar 1, 2024
About this deal
AI
A multifamily property located at 1036-1038 Cross in Elizabeth City has been sold for $1,014,800. Victor M. Nascimento of Premier Homes facilitated the transaction of this asset.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,014,800
- Address: 1036-1038 Cross
- Market: Elizabeth City
- Broker: Victor M. Nascimento - Premier Homes
Victor M. Nascimento represented Premier Homes in the sale of the multifamily property, showcasing his expertise in real estate transactions in Elizabeth City.
Victor M. Nascimento Facilitates $1.01M Multifamily Sale In Elizabeth City is logged as a multifamily sale on Traded (2024). Victor M. Nascimento Facilitates $1.01M Multifamily Sale In Elizabeth City is classified as Multifamily on Traded. Victor M. Nascimento, Premier Homes Pros appear on the sale alongside Premier Homes Pros. This page is the market file for the Victor M. Nascimento Facilitates $1.01M Multifamily Sale In Elizabeth City multifamily sold: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Victor M. Nascimento Facilitates $1.01M Multifamily Sale In Elizabeth City sale when underwriting similar multifamily product.
Market 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
15.63%
Cash-on-Cash
-4.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93