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1002 Woodstock Ln, Winchest...

Ritz Banc Group Acquires Property From Outlier Realty Capital In Winchester For $6.72M
SOLDMultiFamily

Ritz Banc Group Acquires Property From Outlier Realty Capital In Winchester For $6.72M

1002 Woodstock Ln, Winchester, VA...

$6,720,000

Building Size

Asset Type

MultiFamily

Closing

Aug 9, 2022

AI

The property located at 1002 Woodstock Ln, Winchester, VA, involved in this transaction, was sold for a price of $6,720,000. The transaction occurred in the Winchester market and the property's square footage is noted as 0.

Summary of transaction details:

This transaction was facilitated with the involvement of key brokers from Marcus & Millichap. Eric Jentoft-Herr represented the buyer Ritz Banc Group while Dennis Cravedi represented the seller Outlier Realty Capital. The transaction process was coordinated by broker Marty Zupancic, also from Marcus & Millichap.

Players

Marty Zupancic

Marcus & Millichap

Broker

$127M

vol

17 deals

Broker
RG
Ritz Banc GroupBuyer
OC
Outlier Realty CapitalSeller

Winchester MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.36%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93