facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Development Site

/

Sale

/

2101 Kinwest Pkwy, Irving, ...

MetroTex Acquires Development Site At 2101 Kinwest Parkway In Irving
SOLDDevelopment Site

MetroTex Acquires Development Site At 2101 Kinwest Parkway In Irving

2101 Kinwest Pkwy, Irving, TX 75063, USA

Building Size

40,000 SF

Asset Type

Development Site

Closing

Jul 21, 2020

AI

An office development site located at 2101 Kinwest Parkway in Irving has been sold in a recent transaction. The details of the deal were finalized on July 22, 2020.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: Not specified
  • Address: 2101 Kinwest Parkway, Irving
  • Market: Irving

The seller of the development site was John Hammond, while the buyer was MetroTex represented by Terry Tremaine from ESRP. The seller was represented by Jagdish Godhwani from Beam Real Estate LLC, and the buyer was represented by Dave Castro, Sharon Morrison, and Susan Arledge, all from ESRP.

Players

Jagdish Godhwani

Beam Real Estate

Broker

1 deal

Broker

Terry Tremaine

MetroTex

Buyer

1 deal

Buyer
M
MetroTexSeller

Irving Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

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