Updated Oct 29, 2024
BSR REIT Acquires 330-Unit Multifamily Property In Frisco From Davis Development
11900 Research Road, Frisco, TX, USA
Building Size
499,744 SF
Asset Type
MultiFamily
Closing
Dec 16, 2020
About this deal
AI
A multifamily property located at 11900 Research Road in Frisco has been sold in a recent transaction. The property, consisting of 330 units, was sold by Davis Development to BSR REIT. The sale was completed on 12/17/2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
- Units: 330
- Seller: Davis Development
- Buyer: BSR REIT
F. Blake Brazeal & John S. Bailey were the photographers responsible for capturing the image associated with this property.
Traded’s record for 11900 Research Road, Frisco, TX, USA in Frisco, Texas covers a multifamily sale from 2020. Reported inventory is 499,744 square feet across 330 units, or about 0 per square foot. This page is the Frisco, Texas file for the 11900 Research Road, Frisco, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Frisco sit in the Market section below. Filter that Frisco multifamily set by closing date to see what else sold near 11900 Research Road, Frisco, TX, USA around 2020. Cite this BSR REIT Acquires 330-Unit Multifamily Property In Frisco From Davis Development sale when underwriting similar multifamily product around Frisco, Texas.
Players
Frisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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