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
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