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1025 Zenyatta Dr

Northland Acquires Multifamily Asset From RoseRock At 1025 Zenyatta Drive In Waco
SOLDMultiFamily

Northland Acquires Multifamily Asset From RoseRock At 1025 Zenyatta Drive In Waco

1025 Zenyatta Dr

Building Size

166,613 SF

Asset Type

MultiFamily

Closing

Aug 12, 2025

AI

The transaction involves a multifamily property located at 1025 Zenyatta Drive - Walker Place at Moonlight Park in Waco. The asset consists of 98 units and encompasses a total square footage of 166,613. The transaction was completed on 08/12/2025.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 98
  • Square Footage: 166,613
  • Address: 1025 Zenyatta Drive - Walker Place at Moonlight Park
  • Market: Waco
  • Buyer: Northland
  • Seller: RoseRock
  • Brokers: Richard Waterhouse III & Andrew Kopenec - Matthews Real Estate Investment Services

The deal involved Northland as the buyer and RoseRock as the seller, facilitated by brokers Richard Waterhouse III and Andrew Kopenec from Matthews Real Estate Investment Services.

Players

Richard Waterhouse III

Matthews

Broker

3 deals

Broker
Northland
NorthlandBuyer

Hewitt 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