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1 Hebron Station Circle, Le...

Updated Oct 28, 2024

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EastSky Properties Acquires Multifamily Property In Lewisville From Seller Huffines Communities - Phillip Huffines & Elvio Bruni
SOLDMultiFamily

EastSky Properties Acquires Multifamily Property In Lewisville From Seller Huffines Communities - Phillip Huffines & Elvio Bruni

1 Hebron Station Circle, Lewisville, TX 75057

Building Size

1,681 SF

Asset Type

MultiFamily

Closing

May 24, 2020

About this deal

AI

EastSky Properties has recently acquired a multifamily property located at 1 Hebron Station Circle in Lewisville. The transaction, which took place on May 24, 2021, involved the purchase of a property spanning 90 acres.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 1,429
  • Address: 1 Hebron Station Circle
  • Market: Lewisville
  • Seller: Huffines Communities - Phillip Huffines & Elvio Bruni

The deal was facilitated by CBRE, representing the buyer and seller in the transaction.

Traded’s record for 1 Hebron Station Circle, Lewisville, TX 75057 in Lewisville, Texas covers a multifamily sale from 2020. Reported inventory is 1,681 square feet across 1428 units, or about 0 per square foot. This page is the Lewisville, Texas file for the 1 Hebron Station Circle, Lewisville, TX 75057 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Lewisville sit in the Market section below. Filter that Lewisville multifamily set by closing date to see what else sold near 1 Hebron Station Circle, Lewisville, TX 75057 around 2020. Cite this EastSky Properties Acquires Multifamily Property In Lewisville From Seller Huffines Communities - Phillip Huffines & Elvio Bruni sale when underwriting similar multifamily product around Lewisville, Texas.

Players

EP
EastSky PropertiesBuyer
HC
Huffines CommunitiesSeller

Lewisville 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

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