Updated Sep 14, 2026
Kurt Jordan Acquires 128-Unit Multifamily Property In Denton
113 Coronado Dr Denton, TX 76209, USA
Building Size
119,660 SF
Asset Type
MultiFamily
Closing
Apr 25, 2023
About this deal
AI
The multifamily property located at 113 Coronado Drive in Denton has been sold in a recent transaction. The property consists of 128 units with a total square footage of 119,660. The sale took place on 04/25/2023.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 113 Coronado Drive
- Market: Denton
- Units: 128
- Square Footage: 119,660
The buyer in this transaction is Kurt Jordan, while the seller is Richard Stilovich. The deal was facilitated by CBRE, with Matthew Pastrano, Jaxx Davies, William Hubbard, and Chris Deuillet representing the respective parties involved.
On the Map
MultiFamily
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Texas 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