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9000 Landings Drive

Updated Sep 14, 2026

Bridge Investment Group Acquires 270-Unit Multifamily Asset In Manassas From University Village Apartments
SOLDMultiFamily

Bridge Investment Group Acquires 270-Unit Multifamily Asset In Manassas From University Village Apartments

9000 Landings Drive

$85,000,000

$296/SF

Building Size

286,470 SF

Asset Type

MultiFamily

Closing

Jul 9, 2026

About this deal

AI

A multifamily property consisting of 270 units totaling 286,470 square feet was involved in this transaction. The asset is located at 9000 Landings Drive in the Manassas, VA market.

Summary of transation details:

berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia facilitated both the sale and financing of the 270-unit garden-style apartment community. The financing included a five-year fixed-rate Freddie Mac loan with features such as a three-year interest-only period and a 35-year amortization. This underscores the ongoing institutional demand for multifamily assets in Northern Virginia.

On the Map

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$85,000,000

$296/SF

MultiFamily

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Players

Brad Williamson

Berkadia

Broker

$7.7B

vol

123 deals

Broker
Bridge Investment Group
Bridge Investment GroupBuyer
Freddie Mac
Freddie MacLender

Lohn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $296 per square foot on a published $85M for 286,470 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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