Updated Oct 25, 2024
SOLDMultiFamily
Evergreen Real Estate & North Point Capital Acquire Burlington Multifamily For $X.XM
10 Eagle Crest Burlington,Vermont
Building Size
141,000 SF
Asset Type
MultiFamily
Closing
Feb 20, 2023
About this deal
AI
The multifamily property located at 10 Eagle Crest and 110 Hawks Nest in Burlington, VT has been sold. The property consists of a total of 191 units and spans across 141,000 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not mentioned in the Context
- Buyer: Evergreen Real Estate Group & North Point Capital Group - David P. Zar & Shawn Hakimian
The buyer of the property is Evergreen Real Estate Group and North Point Capital Group. David P. Zar and Shawn Hakimian represented the buyer in this transaction.
Players
Burlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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