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
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.
Players
Lewisville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · 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