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
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.
Players
Roanoke 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