SOLDMultiFamily
Kislak Company Acquires Multifamily Property In Willow Street, PA For $17M
26 Utley Place
$17,000,000
$1,219/SF
Building Size
13,939 SF
Asset Type
MultiFamily
Closing
Jul 9, 2021
AI
An multifamily property located at 26 Utley Place in Willow Street, PA has been sold for a total price of $17,000,000. The property consists of 72 units, leading to a per unit price of $236,111.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,000,000
- Units: 72
- Per Unit Price: $236,111
- Market: Willow Street, PA
The sale of this property was facilitated by brokers Matt Wolf and Robert Holland from Kislak Company, Inc.
Players
Willow Street 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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93