Updated Sep 9, 2024
Walker & Dunlop Arranges $46.6M Loan For Arlington, VA Multifamily Property
4510 31st Street South Arlington, Virginia 22206, USA
$46,600,000
Units
294
Asset Type
MultiFamily
Closing
Jun 13, 2023
About this deal
AI
The multifamily property located at 4510 31st Street South in Arlington, VA has recently undergone a closed transaction. The property consists of 294 units and has been the subject of a loan. The transaction involved the services of Chris Rumul from Walker & Dunlop as the broker representative.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $46,600,000
- Address: 4510 31st Street South, Arlington, VA
- Market: Arlington, VA
- Units: 294
The loan amount for this transaction was $46,600,000. Chris Rumul from Walker & Dunlop played a crucial role as the broker representative in facilitating the deal.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93