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325 Marymeade Dr, Summervil...

325 Marymeade Dr
SOLDMultiFamily

325 Marymeade Dr

325 Marymeade Dr, Summerville, SC...

$33,900,000

Building Size

Asset Type

MultiFamily

Closing

Feb 20, 2020

AI

325 Marymeade Dr, Summerville, SC is a property involved in a sale transaction valued at $33,900,000.00. The property is situated in the Summerville market and covers a square footage of 0.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $33,900,000.00
  • Buyer: American Landmark Apartments
  • Seller: Carter Haston Real Estate Services
  • Buyer’s Representative: Alex Okulski - Newmark
  • Borrower’s Representative: William (Bill) Weber - Newmark

The transaction involved key representatives from Newmark, highlighting their roles in facilitating the deal. Alex Okulski represented the buyer, while William (Bill) Weber represented the borrower in this sale transaction.

Players

William Weber

Newmark

Broker

$9.6B

vol

49 deals

Broker
American Landmark Apartments
American Landmark ApartmentsBuyer

Summerville 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

0.47%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93