Updated Dec 21, 2023
TruAmerica Acquires Multifamily Property In Irving With Ammanuel Metta As Buyer's Rep
1200 Hidden Ridge, Irving, Texas 75038, United States
Units
310
Asset Type
MultiFamily
Closing
May 2, 2022
About this deal
AI
An undisclosed multifamily property located at 1200 Hidden Rdg in Irving has been sold. The transaction, which took place on May 3, 2022, involved a total of 310 units. The property was acquired by TruAmerica, with Ammanuel Metta representing the buyer.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Address: 1200 Hidden Rdg, Irving
- Market: Irving
- Units: 310
Ammanuel Metta, from TruAmerica, played a crucial role as the representative of the buyer in this transaction.
Traded’s record for 1200 Hidden Ridge, Irving, Texas 75038, United States in Irving, Texas covers a multifamily sale from 2022. Reported inventory is 310 units across 310 units. This page is the Irving, Texas file for the 1200 Hidden Ridge, Irving, Texas 75038, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Irving sit in the Market section below. Filter that Irving multifamily set by closing date to see what else sold near 1200 Hidden Ridge, Irving, Texas 75038, United States around 2022. Cite this TruAmerica Acquires Multifamily Property In Irving With Ammanuel Metta As Buyer's Rep sale when underwriting similar multifamily product around Irving, Texas.
Players
Irving MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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