The Arlington Partnership For Affordable Housing Acquires Property In Arlington For $80M With Seller's Rep Chip Ryan
3445 Washington BLVD, Arlington, VA...
$80,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 11, 2020
AI
3445 Washington BLVD, Arlington, VA is located in the Arlington market. The property was sold for a total of $80,000,000.00. The square footage of the asset is not specified.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $80,000,000.00
- Address: 3445 Washington BLVD, Arlington, VA
- Market: Arlington
- Seller's Representative: Chip Ryan, Avison Young
- Buyer: The Arlington Partnership for Affordable Housing
In this transaction, Chip Ryan from Avison Young represented the seller, while The Arlington Partnership for Affordable Housing was the buyer involved in the deal.
Players
Arlington 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93