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:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 708 Woodard Way
- Market: Arlington
- Units: 188
- Square Footage: 139,668
- Seller's Representatives: Joey Tumminello, Drew Kile, William Hubbard, Taylor Hill, and Michael Ware - Institutional Property Advisors
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
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