Updated Sep 28, 2026
Pancham Gupta Of Mesos Capital LLC Sells 92-Unit Multifamily Community In Fuquay-Varina For $X Million
100 Quail Hill Street
Units
92
Asset Type
MultiFamily
Closing
Sep 27, 2026
About this deal
AI
The transaction involved the sale of a multifamily community known as MQH Apartments, located at 100-600 Quail Hill Street in Fuquay-Varina, North Carolina, comprising 92 units on 11.37 acres. This asset was part of a disposition process by its seller, Mesos Capital LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 92
- Acreage: 11.37
- Seller: Pancham Gupta - Mesos Capital LLC
- Brokers: Caleb Troop, Thomas Colaiezzi, Matt Robertson & Drew Kwiatkowski - Berkadia
- Date of Closing: Sept. 18, 2026
- Market: Fuquay-Varina, NC
- Buyer: Private Ohio-based owner
Berkadia played a crucial role in this transaction by arranging the sale and securing acquisition financing for the buyer, facilitating the transition of ownership in this multifamily property.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93