Updated Oct 29, 2024
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
About this deal
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.
Traded’s record for 1100 North 6th Street, Waco, TX, USA in Waco, Texas covers a multifamily sale from 2021. Reported inventory is 815,160 square feet across 108 units, or about 0 per square foot. Brian O’Boyle Jr, Jakob Andersen, Darwin German, Newmark appear on the sale alongside Newmark. This page is the Waco, Texas file for the 1100 North 6th Street, Waco, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Waco sit in the Market section below. Filter that Waco multifamily set by closing date to see what else sold near 1100 North 6th Street, Waco, TX, USA around 2021. Cite this Darwin German Real Estate Investments Acquires Multifamily Property In Waco With Brokers Jakob Andersen & Brian O'Boyle Jr. - Newmark sale when underwriting similar multifamily product around Waco, Texas.
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