Updated Oct 29, 2024
Silverado And Noel Partners Acquire 321-Unit Multifamily Property On Post Oak Blvd For $45.5M
3700 Post Oak Blvd, Euless, Tx 76040, Estados Unidos
$45,500,000
$37,387/SF
Building Size
1,217 SF
Asset Type
MultiFamily
Closing
Nov 2, 2020
About this deal
AI
The multifamily property located at 3700 Post Oak Blvd in Euless has been sold for a total price of $45,500,000. The property consists of 321 units, resulting in a price per unit (PPU) of $141,745.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $45,500,000
- Units: 321
- Price per Unit (PPU): $141,745
Buyer Silverado, represented by Lenny Licht of Noel Partners, has acquired the property.
The multifamily sale at 3700 Post Oak Blvd, Euless, Tx 76040, Estados Unidos in Euless, Illinois sold for $45.5M in 2020. Reported inventory is 1,217 square feet across 321 units, or about 37.4K per square foot. This page is the Euless, Illinois file for the 3700 Post Oak Blvd, Euless, Tx 76040, Estados Unidos multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Euless sit in the Market section below. Filter that Euless multifamily set by closing date to see what else sold near 3700 Post Oak Blvd, Euless, Tx 76040, Estados Unidos around 2020. Published consideration for 3700 Post Oak Blvd, Euless, Tx 76040, Estados Unidos is $45.5M, dated 2020. Cite this Silverado And Noel Partners Acquire 321-Unit Multifamily Property On Post Oak Blvd For $45.5M sale when underwriting similar multifamily product around Euless, Illinois.
Players
Euless 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93