Capital Square Acquires Woodbridge Multifamily From Shidler Group For $98.5M
13175 Marina Way, Woodbridge, Virginia 22191, United States
$98,500,000
Units
402
Asset Type
MultiFamily
Closing
Aug 23, 2022
AI
The multifamily property located at 13175 Marina Way in Woodbridge, VA has been sold for a total price of $98,500,000. The property consists of 402 units, with an average price per unit of $245,025.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $98,500,000
- Address: 13175 Marina Way, Woodbridge, VA
- Units: 402
- Price Per Unit: $245,025
Capital Square has acquired the property from Shidler Group. Capital Square, acting as the buyer, executed the transaction through their representative.
Players
Woodbridge 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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93