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
Schwenksville 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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93