Updated Oct 28, 2024
Brazos Residential, LLC Acquires Multifamily Property On Vineyard Dr In Wilson, NC For $41M
1706 Vineyard Drive North, Wilson, North Carolina 27893, United States
$41,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 1, 2022
About this deal
AI
The multifamily property located at 1706 Vineyard Dr in Wilson, NC has been sold in a recent transaction. Spanning over 31 acres, this property attracted the attention of buyers in the market.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $41,000,000
- Date: 09/02/2022
- Buyer: Brazos Residential, LLC - James Roberts & William Hancock
- Market: Wilson, NC
The acquisition was made by Brazos Residential, LLC, represented by James Roberts & William Hancock. Their expertise and knowledge in the real estate industry played a significant role in securing this transaction.
On the Map
$41,000,000
MultiFamily
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Players
Wilson 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
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93