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1090 S Charles St, Lewisvil...

Greystone ISG Brokers Facilitate Sale Of 125-Unit Multifamily Property In Lewisville
SOLDMultiFamily

Greystone ISG Brokers Facilitate Sale Of 125-Unit Multifamily Property In Lewisville

1090 S Charles St, Lewisville, TX 75057, USA

Building Size

79,067 SF

Asset Type

MultiFamily

Closing

Aug 23, 2020

AI

The multifamily property at 1090 South Charles Street in Lewisville has been sold. The property consists of 125 units and was listed by brokers Mark Allen and Chibuzor Nnaji of Greystone ISG.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 1090 South Charles Street
  • Market: Lewisville
  • Units: 125
  • Brokers: Mark Allen and Chibuzor Nnaji - Greystone ISG

The sale of this multifamily property was facilitated by Mark Allen and Chibuzor Nnaji of Greystone ISG, who represented the buyer and seller in the transaction.

Players

Chibuzor Nnaji

Global Real Estate Advisors (GREA)

Broker

9 deals

Broker

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