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901 King Street, Alexandria...

Windmill Hill Homes Acquires Mixed-Use Property In Alexandria, VA For $5M
SOLDMixed-use

Windmill Hill Homes Acquires Mixed-Use Property In Alexandria, VA For $5M

901 King Street, Alexandria, Virginia 22314, United States

$5,000,000

Building Size

Asset Type

Mixed-use

Closing

Oct 20, 2022

AI

A mixed-use property located at 901-905 King Street in Alexandria, VA has been sold for $5,000,000. The property was sold by A & H LLC to Windmill Hill Homes. The sale was facilitated by Feldman Ruel Urban Property Advisors, with Tanner Scales, Josh Feldman, and Ian Ruel serving as the brokers in the transaction.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $5,000,000
  • Address: 901-905 King Street, Alexandria, VA
  • Market: Alexandria, VA

The buyer, Windmill Hill Homes, acquired the property from the seller, A & H LLC. The brokers involved in the transaction were Tanner Scales, Josh Feldman, and Ian Ruel from Feldman Ruel Urban Property Advisors.

Players

Josh Feldman

Feldman Ruel Urban Property Advisors

Broker

$9.9M

vol

3 deals

Broker
WH
Windmill Hill HomesBuyer

Alexandria Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93