70 Paper Lots Closed Along Rutland Drive In Arlington Represented By Jordan Cortez & Will Droese
6920 Rutland Drive
Building Size
—
Asset Type
Development Site
Closing
Mar 25, 2025
AI
The transaction involves a development site consisting of 70 paper lots located along Rutland Drive in Arlington, TX. The asset was handled by Vanguard Real Estate Advisors, who represented the seller and procured the buyer for this deal.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 6920 Rutland Drive
- Market: Arlington
- Brokers: Jordan Cortez & Will Droese - Vanguard Real Estate Advisors
Jordan Cortez and Will Droese played key roles in this transaction as representatives of Vanguard Real Estate Advisors, facilitating the deal and ensuring a successful closing of the property situated in Arlington.
Players
Arlington Development Site Market Snapshot
Boundary boundary · Development Site · 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