SOLDMultiFamily
Greystone ISG Acquires 52-Unit Multifamily In Waxahachie
1301 Us 287 Byp, Waxahachie, Tx 75165, Usa
Building Size
—
Asset Type
MultiFamily
Closing
Aug 23, 2020
AI
A multifamily property located at 1301 US-287 BYP in Waxahachie has been sold. The transaction was completed on August 24, 2020. The property consists of 52 units and was sold by an undisclosed seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
Todd Franks and Byron Griffith from Greystone ISG represented the buyer and/or seller in this transaction.
Players
Waxahachie 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93