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601 North Oak Street, Roano...

Updated Dec 21, 2023

Bilt advertisement
Doug Banerjee & Fisher Wells Of Greysteel Acquire 94-Unit Multifamily Property In Roanoke For $UNKNOWNM
SOLDMultiFamily

Doug Banerjee & Fisher Wells Of Greysteel Acquire 94-Unit Multifamily Property In Roanoke For $UNKNOWNM

601 North Oak Street, Roanoke, TX, USA

Building Size

5,000 SF

Asset Type

MultiFamily

Closing

Oct 12, 2021

About this deal

AI

The multifamily property located at 601 N Oak St in Roanoke has been sold. The transaction took place on October 12, 2021. The property has a total square footage of 5,000 and consists of 94 units.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 601 N Oak St
  • Market: Roanoke
  • Square Footage: 5,000
  • Number of Units: 94

The sale of the property was facilitated by Doug Banerjee and Fisher Wells from Greysteel.

Traded’s record for 601 North Oak Street, Roanoke, TX, USA in Roanoke, Texas covers a multifamily sale from 2021. Reported inventory is 5,000 square feet across 94 units, or about 0 per square foot. Fisher Wells, Doug Banerjee, Greysteel appear on the sale alongside Greysteel. This page is the Roanoke, Texas file for the 601 North Oak Street, Roanoke, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Roanoke sit in the Market section below. Filter that Roanoke multifamily set by closing date to see what else sold near 601 North Oak Street, Roanoke, TX, USA around 2021. Cite this Doug Banerjee & Fisher Wells Of Greysteel Acquire 94-Unit Multifamily Property In Roanoke For $UNKNOWNM sale when underwriting similar multifamily product around Roanoke, Texas.

Players

Doug Banerjee

Greysteel

Broker

$18.1M

vol

19 deals

Broker

Roanoke 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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