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708 Woodard Way

Institutional Property Advisors Represents Seller In Sale Of 188-Unit Multifamily Asset In Arlington
SOLDMultiFamily

Institutional Property Advisors Represents Seller In Sale Of 188-Unit Multifamily Asset In Arlington

708 Woodard Way

Building Size

139,668 SF

Asset Type

MultiFamily

Closing

Jun 16, 2026

AI

The property involved in this transaction is a multifamily asset located at 708 Woodard Way in Arlington. It comprises 188 units and has a total square footage of 139,668.

Summary of transaction details:

The transaction was represented by a team of brokers from Institutional Property Advisors, who played a key role in facilitating the deal. The representatives ensure effective communication and assistance throughout the transaction process.

Players

Drew Kile

Institutional Property Advisors

Broker

$383.2M

vol

81 deals

Broker

Market 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