Zeke Rotter Of SCOPE Represents Multifamily Sale At 3 Maryland Circle For $11.83M
3 Maryland Circle
$11,830,000
$112/SF
Building Size
105,560 SF
Asset Type
MultiFamily
Closing
Dec 20, 2024
AI
This multifamily asset located at 3 Maryland Circle in the Lehigh Valley market consists of 80 units and encompasses 105,560 square feet. The sale price of the property amounted to $11,830,000, reflecting a price per unit of $147,875 and a price per square foot of $112.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,830,000
- Units: 80
- Square Feet: 105,560
- Price Per Unit: $147,875
- Price Per Square Foot: $112
- Broker: Zeke Rotter - SCOPE
- Date of Sale: 12/20/2024
Zeke Rotter from SCOPE represented the transaction, ensuring a successful sale in the competitive Lehigh Valley market.
Players
Whitehall 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
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93