Updated Dec 19, 2024
TruAmerica Multifamily Acquires 408-Unit Multifamily Property In Irving
1000 San Jacinto Drive, Irving, TX, USA
Building Size
112,794 SF
Asset Type
MultiFamily
Closing
Dec 21, 2020
About this deal
AI
An multifamily property located at 1000 San Jacinto Drive in Irving has been sold on 12/22/2020. The property consists of 408 units in total.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Date: 12/22/2020
- Address: 1000 San Jacinto Drive, Irving
- Market: Irving
- Units: 408
- Buyer: TruAmerica Multifamily - Ammanuel Metta
- Brokers: Eric Calub, Greg Smith, Thad Wetterau, & Paul Harris - The Moran Company
The buyer of the property is TruAmerica Multifamily represented by Ammanuel Metta. The deal was facilitated by brokers Eric Calub, Greg Smith, Thad Wetterau, and Paul Harris from The Moran Company.
On the Map
MultiFamily
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Players
Irving 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