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3445 Washington BLVD, Arlin...

The Arlington Partnership For Affordable Housing Acquires Property In Arlington For $80M With Seller's Rep Chip Ryan
SOLDMultiFamily

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

Chip Ryan

Avison Young

Broker

$369.8M

vol

4 deals

Broker

Arlington 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