Rittenhouse Realty Advisors Facilitates $7.94M Multifamily Sale In Philadelphia, PA
8122 Angelo Place, Philadelphia, Pennsylvania 19153, United States
$7,941,600
Building Size
—
Asset Type
MultiFamily
Closing
Oct 16, 2022
AI
A multifamily property located at 8122 Angelo Pl in Philadelphia, PA has been sold for a total price of $7,941,600. The property consists of 52 units with an average price per unit of $152,723.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,941,600
- Units: 52
- Price per Unit: $152,723
- Brokers: Ken Wellar, Corey Lonberger, Mark Duszak, and Alan Krawitz - Rittenhouse Realty Advisors
- Market: Philadelphia, PA
The deal was facilitated by Ken Wellar, Corey Lonberger, Mark Duszak, and Alan Krawitz of Rittenhouse Realty Advisors.
Players
Philadelphia 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
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93