Tablerock Capital Acquires 188-Unit Multifamily Asset In Columbia From Dasmen Residential
4920 Hard Scrabble Road
Building Size
232,148 SF
Asset Type
MultiFamily
Closing
Apr 9, 2025
AI
The property asset involved in the transaction is a multifamily building located at 4920 Hard Scrabble Road, Columbia, SC. The asset comprises 188 units within a total square footage of 232,148. The sale marks a significant development in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 188
- Square Footage: 232,148
- Address: 4920 Hard Scrabble Road
- Market: Columbia, SC
- Buyer: Tablerock Capital
- Seller: Dasmen Residential
- Brokers: Jacob Vogel, Aaron Jungreis & Steve David - Rosewood Realty Group
Key individuals involved in the transaction include the buyers from Tablerock Capital, along with the sellers from Dasmen Residential. The deal was facilitated by the brokerage team comprised of Jacob Vogel, Aaron Jungreis, and Steve David, all representatives of Rosewood Realty Group.
Players
Columbia 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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93