Updated Sep 9, 2024
Cushman & Wakefield Brokers Sell Multifamily Property In Richmond, VA For $14.8M
815 Perry Street Richmond, Virginia 23224, USA
$14,800,000
Units
70
Asset Type
MultiFamily
Closing
May 5, 2023
About this deal
AI
The multifamily property located at 815 Perry Street in Richmond, VA has been sold. The transaction took place on 05/18/2023 for a sale price of $14,800,000. The property consists of 70 units, with a price per unit (PPU) of $211,429.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $14,800,000
- Units: 70
- Price Per Unit: $211,429
- Market: Richmond, VA
Jenny Stoner and John Pritzlaff from Cushman & Wakefield served as the brokers for this transaction.
The multifamily sale at 815 Perry Street Richmond, Virginia 23224, USA in Richmond, Virginia sold for $14.8M in 2023. Reported inventory is 70 units across 70 units. John Pritzlaff, Jenny Stoner, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Richmond, Virginia file for the 815 Perry Street Richmond, Virginia 23224, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Richmond sit in the Market section below. Filter that Richmond multifamily set by closing date to see what else sold near 815 Perry Street Richmond, Virginia 23224, USA around 2023. Published consideration for 815 Perry Street Richmond, Virginia 23224, USA is $14.8M, dated 2023. Cite this Cushman & Wakefield Brokers Sell Multifamily Property In Richmond, VA For $14.8M sale when underwriting similar multifamily product around Richmond, Virginia.
Players
Richmond MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit John Pritzlaff to view all their deals.
Browse Virginia multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.07%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93