Jake Deraaff & Austin Deraaff Acquire 20-Unit Multifamily In Greene County For $875K
584 County Route 20, Greene County
$875,000
$70/SF
Building Size
12,500 SF
Asset Type
MultiFamily
Closing
Feb 16, 2022
AI
A multifamily property located at 584 County Route 20 in Greene County has been sold in a recent transaction. The property consists of 20 units with a total of 12,500 square feet. The sale price for this transaction was $875,000, resulting in a per unit price of $43,750 and a price per square foot of $70.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $875,000
- Units: 20
- Price per Unit: $43,750
- Square Footage: 12,500
- Price per Square Foot: $70
- Address: 584 County Route 20
- Market: Greene County
In this transaction, the buyers were Jake Deraaff and Austin Deraaff, while the seller was Izmir Mehedovic.
Windham 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
18.13%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93