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1989 Delaware Dr, Woodbridg...

Capital Square 1031 Acquires Property At 1989 Delaware Dr Woodbridge For $80.5M With Transwestern Reps
SOLDMultiFamily

Capital Square 1031 Acquires Property At 1989 Delaware Dr Woodbridge For $80.5M With Transwestern Reps

1989 Delaware Dr, Woodbridge, VA, V...

$80,500,000

$245/SF

Building Size

328,066 SF

Asset Type

MultiFamily

Closing

Aug 5, 2019

AI

The property asset involved in the transaction is located at 1989 Delaware Dr, Woodbridge, VA. It has a total square footage of 328,066 and was sold for $80,500,000. The market value is situated in Woodbridge.

Summary of transaction details:

  • Property Type: Not specified
  • Transaction Amount: $80,500,000.00
  • Square Footage: 328,066
  • Address: 1989 Delaware Dr, Woodbridge, VA
  • Market: Woodbridge
  • Seller's Representative: Justin Shay, Dean Sigmon - Transwestern
  • Buyer: Capital Square 1031

This transaction involved key representatives from the brokerage firm Transwestern, specifically Justin Shay and Dean Sigmon, representing the seller. The buyer, Capital Square 1031, was integral in the completion of this deal.

Players

Dean Sigmon

Transwestern

Broker

$647.5M

vol

12 deals

Broker
C1
Capital Square 1031Buyer

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

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93