Updated Oct 28, 2024
Washington Property Company Acquires Multifamily Property In Alexandria, VA For $52.7M
100 South Reynolds Street, Alexandria, Virginia 22304, United States
$52,700,000
Units
277
Asset Type
MultiFamily
Closing
Jan 11, 2022
About this deal
AI
Located at 100 S Reynolds St in Alexandria, VA, this multifamily property has been sold in a closed transaction. The property encompasses various residential units.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $52,700,000
- Address: 100 S Reynolds St, Alexandria, VA
- Market: Alexandria, VA
Washington Property Company, represented by Quinn Rounsaville, acquired the property from Northpoint Realty Partners. JLL represented the buyer, while Berkadia represented the seller in this transaction.
The multifamily sale at 100 South Reynolds Street, Alexandria, Virginia 22304, United States in Alexandria, Virginia sold for $52.7M in 2022. Reported inventory is 277 units across 277 units. Jimmy Conley, Drake Greer, JLL appear on the sale alongside JLL. This page is the Alexandria, Virginia file for the 100 South Reynolds Street, Alexandria, Virginia 22304, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Alexandria sit in the Market section below. Filter that Alexandria multifamily set by closing date to see what else sold near 100 South Reynolds Street, Alexandria, Virginia 22304, United States around 2022. Published consideration for 100 South Reynolds Street, Alexandria, Virginia 22304, United States is $52.7M, dated 2022. Cite this Washington Property Company Acquires Multifamily Property In Alexandria, VA For $52.7M sale when underwriting similar multifamily product around Alexandria, Virginia.
Players
Alexandria 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
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93