RPM Investments Acquires 352 Unit Multifamily Property From Nimes Real Estate In Carrollton
SOLD
Texas
See Similar DealsMultiFamily4,059 SF
Sold 10/08/2024
SOLD
RPM Investments Acquires 352 Unit Multifamily Property From Nimes Real Estate In Carrollton
1011 South Main Street
See Similar DealsMultiFamily4,059 SF
Sold 10/08/2024
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:4,059 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 1011 South Main Street, known as Lux on Main. This property contains 352 units and encompasses a total square footage of 4,059 in the Carrollton market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 352
- Square Footage: 4,059
- Address: 1011 South Main Street - Lux on Main
- Market: Carrollton
- Buyer: RPM Investments
- Seller: Nimes Real Estate
- Brokers: Grant Raymond & Asher Hall - Cushman & Wakefield
In this transaction, RPM Investments acted as the buyer while Nimes Real Estate served as the seller. The brokers facilitating the deal were Grant Raymond and Asher Hall, representing Cushman & Wakefield.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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