Mark Allen Of Global Real Estate Advisors Brokers Sale Of 133-Unit Sawyers Mill Multifamily In Arlington
501 Fuller Street
Building Size
—
Asset Type
MultiFamily
Closing
Apr 1, 2024
AI
The sale of Sawyers Mill, a 133-unit apartment complex in Arlington, encompassed one- and two-bedroom units with various amenities, located at 501 Fuller Street in the vibrant Arlington market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not Disclosed
- Units: 133
- Address: 501 Fuller Street
- Market: Arlington
Global Real Estate Advisors (GREA) played a pivotal role in brokering the sale of Sawyers Mill, with Mark Allen leading the deal. The identities of the buyer and seller have been kept confidential.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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