Updated Oct 29, 2024
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
About this deal
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.
On the Map
$80,500,000
$245/SF
MultiFamily
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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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93