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905 Forest Lane

Daniel Waisbord Purchases Multifamily Property In Schwenksville For $8.7 Million With Broker Representation By Daniel Yadgaroff & Luke DeLuca
SOLDMultiFamily

Daniel Waisbord Purchases Multifamily Property In Schwenksville For $8.7 Million With Broker Representation By Daniel Yadgaroff & Luke DeLuca

905 Forest Lane

$8,700,000

$282/SF

Building Size

30,800 SF

Asset Type

MultiFamily

Closing

Mar 30, 2025

AI

The property asset involved in this transaction is a multifamily building located at 905 Forest Lane in the Schwenksville market. It consists of 28 units and encompasses a total square footage of 30,800. The sale price reached $8,700,000, resulting in a price per unit of $310,714 and a price per square foot of $282.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,700,000
  • Address: 905 Forest Lane
  • Market: Schwenksville
  • Units: 28
  • Square Footage: 30,800
  • Price per Unit: $310,714
  • Price per Square Foot: $282

The buyer of the property is Daniel Waisbord. The transaction was brokered by Daniel Yadgaroff and Luke DeLuca, representing Global Real Estate Advisors (GREA).

Players

Luke DeLuca

Global Real Estate Advisors (GREA)

Broker

$56.3M

vol

7 deals

Broker

Schwenksville 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

1.82%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93