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11212 Chatterly Loop, Manas...

Pantzer Properties Acquires Manassas Property At 11212 Chatterly Loop For $115 Million
SOLDMultiFamily

Pantzer Properties Acquires Manassas Property At 11212 Chatterly Loop For $115 Million

11212 Chatterly Loop, Manassas, VA...

$115,000,000

$173/SF

Building Size

664,347 SF

Asset Type

MultiFamily

Closing

Nov 19, 2023

AI

The property at 11212 Chatterly Loop, Manassas, VA, was sold for $115,000,000.00. This transaction encompasses a total square footage of 664,347 and is located within the Manassas market.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $115,000,000.00
  • Address: 11212 Chatterly Loop, Manassas, VA
  • Market: Manassas
  • Seller's Representative: Dean Sigmon - Transwestern
  • Buyer: Pantzer Properties
  • Square Footage: 664,347

This transaction involved Dean Sigmon from Transwestern representing the seller, while Pantzer Properties acted as the buyer in this deal. The transaction reflects significant activity within the Manassas real estate market.

Players

Dean Sigmon

Transwestern

Broker

$647.5M

vol

12 deals

Broker
PP
Pantzer PropertiesBuyer

Manassas 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

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93