facebook

traded

+ Submit
Home

/

Deals

/

Virginia

/

Multifamily

/

Sale

/

151 College Drive

DCA Partners, LLC Acquires Daleville College Apartments For $2.1M
SOLDMultiFamily

DCA Partners, LLC Acquires Daleville College Apartments For $2.1M

151 College Drive

$2,075,000

Building Size

Asset Type

MultiFamily

Closing

Oct 17, 2023

AI

DCA Partners, LLC recently acquired Daleville College Apartments in Daleville, Virginia for a total of $2,075,000. The multifamily property, located at 151 College Drive, consists of 20 units, resulting in a price per unit of $103,750.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,075,000
  • Address: 151 College Drive, Daleville, VA
  • Market: Daleville, VA
  • Buyer: DCA Partners, LLC
  • Seller: Daleville College Partners, LLC
  • Broker: Clay Taylor - Cushman & Wakefield
  • Units: 20
  • Price per Unit: $103,750

In this deal, DCA Partners, LLC emerged as the buyer while Daleville College Partners, LLC was the seller. The transaction was facilitated by Clay Taylor from Cushman & Wakefield acting as the broker. This acquisition marks a significant addition to DCA Partners, LLC's real estate portfolio.

Players

Clay Taylor

Cushman & Wakefield

Broker

$92.7M

vol

18 deals

Broker

Edison 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

7.64%

Cash-on-Cash

-2.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93