$17M Sale Of 115 Erin Ct, New Oxford, PA With Buyer's Reps Wolf & Holland
115 Erin Ct, New Oxford, PA, 17350
$17,000,000
Building Size
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Asset Type
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Closing
Nov 20, 2023
AI
The property involved in the transaction is Misty Creek Village, a 110-unit multifamily property located at 115 Erin Ct, New Oxford, PA, 17350. The sale price was $17,000,000. Built in 2016, this property features several two-story, vinyl-sided buildings and offers one-, two-, and three-bedroom residences equipped with granite countertops, individual washers and dryers, and private patios or balconies.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $17,000,000.00
- Address: 115 Erin Ct, New Oxford, PA, 17350
- Market: New Oxford
- Buyer's Representative: Matthew "Matt" Wolf-Kislak, Robert Holland-Kislak
- Buyer: Unknown
- Seller: Unknown
Matthew "Matt" Wolf-Kislak and Robert Holland-Kislak of The Kislak Co., a New Jersey-based brokerage firm, represented both the buyer and seller in this transaction. Both parties opted to remain anonymous throughout the process.
Players
New Oxford CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93