SOLDHotel
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
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.
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