Updated Oct 29, 2024
Argyle Real Estate Partners Acquires Multifamily Property In Indian Land, SC For $76M
2001 Cramer Cirle Indian Land, South Carolina 29707, Usa
$76,000,000
Units
303
Asset Type
MultiFamily
Closing
May 10, 2023
About this deal
AI
The multifamily property located at 2001 Cramer Cir in Indian Land, SC has been sold for a total price of $76,000,000. The property consists of 303 units, resulting in a per unit price of approximately $250,825.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $76,000,000
- Address: 2001 Cramer Cir, Indian Land, SC
- Market: Indian Land, SC
- Buyer: Argyle Real Estate Partners
- Units: 303
- Price per Unit: $250,825
Argyle Real Estate Partners served as the buyer in this transaction.
The multifamily sale at 2001 Cramer Cirle Indian Land, South Carolina 29707, Usa in Indian Land, South Carolina sold for $76M in 2023. Reported inventory is 303 units across 303 units. This page is the Indian Land, South Carolina file for the 2001 Cramer Cirle Indian Land, South Carolina 29707, Usa multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Indian Land sit in the Market section below. Filter that Indian Land multifamily set by closing date to see what else sold near 2001 Cramer Cirle Indian Land, South Carolina 29707, Usa around 2023. Published consideration for 2001 Cramer Cirle Indian Land, South Carolina 29707, Usa is $76M, dated 2023. Cite this Argyle Real Estate Partners Acquires Multifamily Property In Indian Land, SC For $76M sale when underwriting similar multifamily product around Indian Land, South Carolina.
Players
Indian Land MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse South Carolina multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93