SOLDMultiFamily
Darwin German Real Estate Investments Acquires Multifamily Property In Waco With Brokers Jakob Andersen & Brian O'Boyle Jr. - Newmark
1100 North 6th Street, Waco, TX, USA
Building Size
815,160 SF
Asset Type
MultiFamily
Closing
Mar 4, 2021
AI
Darwin German Real Estate Investments has acquired a multifamily property located at 1100 N 6th Street in Waco. The transaction took place on March 5, 2021. The property consists of 108 units spread over 4.5 acres.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Unspecified
- Address: 1100 N 6th Street
- Market: Waco
The deal was facilitated by brokers Jakob Andersen and Brian O'Boyle Jr. from Newmark.
Players
Waco 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93