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
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