Updated Dec 4, 2024
Apple Lake LLC Acquires Glenview Dr Multifamily In Ontario For $8M
99 Glenview Dr
$8,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 1, 2023
About this deal
AI
In August, Apple Lake LLC, managed by Trident Group Partners in Missouri, purchased two parcels of Glenview Estates townhomes in Ontario for a total of $8 million. The multifamily property located at 99-263 Glenview Dr was sold at this price.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Address: 99-263 Glenview Dr, Ontario, OH
- Market: Ontario, OH
Apple Lake LLC, a company managed by Trident Group Partners in Missouri, was the buyer in this transaction. They acquired two parcels of Glenview Estates townhomes in Ontario for a total of $8 million.
Players
Hudson MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93