Updated Oct 28, 2024
SVWC Secures $71M Loan For Multifamily Property In Winchester, VA
300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States
$71,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 27, 2022
About this deal
AI
The multifamily property located at 300 Westminster Canterbury Dr in Winchester, VA has been involved in a closed loan transaction. The loan amount for this transaction was $71,000,000. The property is owned by SVWC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $71,000,000
- Address: 300 Westminster Canterbury Dr, Winchester, VA
The deal was facilitated by Ziegler, who represented the parties involved in the transaction.
The multifamily loan at 300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States in Winchester, Virginia financed for $71M in 2022. 300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States is classified as Multifamily on Traded. This page is the Winchester, Virginia file for the 300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Winchester sit in the Market section below. Filter that Winchester multifamily set by closing date to see what else financed near 300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States around 2022. Published consideration for 300 Westminster Canterbury Drive, Winchester, Virginia 22603, United States is $71M, dated 2022. Cite this SVWC Secures $71M Loan For Multifamily Property In Winchester, VA loan when underwriting similar multifamily product around Winchester, Virginia.
Players
Winchester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93