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1100 North 6th Street, Waco...

Updated Oct 29, 2024

Darwin German Real Estate Investments Acquires Multifamily Property In Waco With Brokers Jakob Andersen & Brian O'Boyle Jr. - Newmark
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

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.

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Players

Jakob Andersen

Newmark

Broker

$13.9M

vol

5 deals

Broker

Darwin German

Buyer

$55.9M

vol

2 deals

Buyer
ASB Real Estate Investments
ASB Real Estate InvestmentsBuyer
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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

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