Profectus Multifamily Capital Acquires Hotel In Athens For Sale
20 Home Street, Athens, OH, USA
Building Size
26,600 SF
Asset Type
Hotel
Closing
Sep 13, 2021
About this deal
AI
A hotel located at 20 Home St in Athens has been sold in a recent transaction. The sale was completed on September 13, 2021. The property, owned by an undisclosed seller, was purchased by Profectus Multifamily Capital.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 20 Home St
- Market: Athens
Greg Miller from The Multifamily Group represented the buyer, Profectus Multifamily Capital, in this transaction.
Traded’s record for 20 Home Street, Athens, OH, USA in Athens, Ohio covers a hotel sale from 2021. The building is 26,600 square feet, implying about 0 per square foot on the published price. Greg Miller, The Multifamily Group appear on the sale alongside The Multifamily Group. This page is the Athens, Ohio file for the 20 Home Street, Athens, OH, USA hotel sold: pricing, party profiles, and other closed hotel comps from the same Athens sit in the Market section below. Filter that Athens hotel set by closing date to see what else sold near 20 Home Street, Athens, OH, USA around 2021. Cite this Profectus Multifamily Capital Acquires Hotel In Athens For Sale sale when underwriting similar hotel product around Athens, Ohio.
Athens Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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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