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GREA Facilitates Sale Of 161-Unit Audra Townhomes In Denton By Audra Townhomes 1 LLC
SOLD
Texas
See Similar DealsMultiFamily
Sold
SOLD
GREA Facilitates Sale Of 161-Unit Audra Townhomes In Denton By Audra Townhomes 1 LLC
1200 Good Lane
See Similar DealsMultiFamily
Sold
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The transaction involved the sale of a multifamily property located at 1200 Good Lane in Denton, TX. The asset comprises 161 units, featuring three- and four-bedroom layouts equipped with modern amenities such as quartz countertops and stainless steel appliances. The property also includes two-car garages.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Units: 161
- Seller: Audra Townhomes 1 LLC
- Broker Representatives: Lee Robinson & Mark Allen - Global Real Estate Advisors (GREA)
- Buyer: Undisclosed publicly traded REIT
Lee Robinson and Mark Allen, representing Global Real Estate Advisors (GREA), facilitated the sale of the property, ensuring the transaction proceeded smoothly. GREA played a crucial role in connecting the seller, Audra Townhomes 1 LLC, with the buyer, a publicly traded real estate investment trust.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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