The Kislak Company, Inc. Brokers Sell New Oxford Multifamily Property For $17M
115 Erin Court, New Oxford, PA, USA
$17,000,000
$2,111/SF
Building Size
8,050 SF
Asset Type
MultiFamily
Closing
Jun 27, 2021
AI
Located at 115 Erin Court in New Oxford, PA, this multifamily property has recently been sold. The transaction took place on 06/28/2021, facilitated by brokers Matt Wolf and Robert Holland from The Kislak Company, Inc. The property consists of 110 units, with a sale price of $17,000,000. The per unit price for this transaction was calculated to be $154,545.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,000,000
- Address: 115 Erin Court
- Market: New Oxford, PA
Matt Wolf and Robert Holland from The Kislak Company, Inc. played a crucial role in facilitating this sale. Their expertise and representation contributed to the successful completion of the transaction.
Players
New Oxford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · 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