Rittenhouse Realty Advisors Facilitates $7.94M Multifamily Sale In Philadelphia, PA
SOLD
$7,941,600
+ 1
Pennsylvania
See Similar DealsMultiFamily
Sold
SOLD
Rittenhouse Realty Advisors Facilitates $7.94M Multifamily Sale In Philadelphia, PA
8122 Angelo Place, Philadelphia, Pennsylvania 19153, United States
See Similar DealsMultiFamily
Sold
+ 1
Summary
PENNSYLVANIA
Asset Type:MultiFamily
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$423,552.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,214.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,647.24
Annual Debt Service$451,766.83
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