Jonathan Brody Shlomo Mansbach Michael Schattner Of Base Realty Group Sell Multifamily Asset For $31.975M
$31,975,000
$95/SF
Building Size
335,904 SF
Asset Type
MultiFamily
Closing
Aug 20, 2025
AI
This multifamily asset situated in Columbus & Canal Winchester, OH features 109 units and encompasses a total square footage of 96,600. The sale price for this property was $31,975,000, equating to a price per unit of $293,349 and a price per square foot of $331.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $31,975,000
- Units: 109
- Square Footage: 96,600
- Price Per Unit: $293,349
- Price Per Square Foot: $331
The deal was facilitated by brokers Jonathan Brody, Shlomo Mansbach, and Michael Schattner from Base Realty Group, highlighting the expertise involved in the transaction.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93