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4920 Hard Scrabble Road

Tablerock Capital Acquires 188-Unit Multifamily Asset In Columbia From Dasmen Residential
SOLDMultiFamily

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:

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

Aaron Jungreis

Rosewood Realty Group

Broker

$4.3B

vol

205 deals

Broker
DR
Dasmen ResidentialSeller

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