Updated Oct 28, 2024
Weidner Apartment Homes Acquires Multifamily Property In Rowlett From Huffines Communities
11010 Harmony Hill Lane, Rowlett, Texas 75089, United States
Building Size
250,602 SF
Asset Type
MultiFamily
Closing
May 30, 2022
About this deal
AI
The multifamily property located at 11010 Harmony Hill Ln in Rowlett has been sold in a recent transaction. The sale took place on 05/31/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
The buyer of the property is Weidner Apartment Homes, while the seller is Huffines Communities. The deal was facilitated by Kevin O’Boyle from CBRE, who represented the buyer in this transaction.
Traded’s record for 11010 Harmony Hill Lane, Rowlett, Texas 75089, United States in Sachse, Texas covers a multifamily sale from 2022. The building is 250,602 square feet, implying about 0 per square foot on the published price. Kevin O’Boyle, CBRE appear on the sale alongside CBRE. This page is the Sachse, Texas file for the 11010 Harmony Hill Lane, Rowlett, Texas 75089, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Sachse sit in the Market section below. Filter that Sachse multifamily set by closing date to see what else sold near 11010 Harmony Hill Lane, Rowlett, Texas 75089, United States around 2022. Cite this Weidner Apartment Homes Acquires Multifamily Property In Rowlett From Huffines Communities sale when underwriting similar multifamily product around Sachse, Texas.
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Sachse 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