Updated Dec 21, 2023
Round Hill Capital Acquires 445-Unit Multifamily Property In Allen
1400 Andrews Pkwy, Allen, TX, USA
Building Size
859,785 SF
Asset Type
MultiFamily
Closing
Mar 29, 2021
About this deal
AI
The multifamily property located at 1400 Andrews Pkwy in Allen has recently been sold. The transaction took place on 03/30/2021. The property consists of 445 units and is situated in the Allen market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Address: 1400 Andrews Pkwy, Allen
- Market: Allen
- Units: 445
Round Hill Capital, represented by Michael Bickford, purchased the property. The buyer, Round Hill Capital, is a reputable company in the industry.
Traded’s record for 1400 Andrews Pkwy, Allen, TX, USA in Allen, Texas covers a multifamily sale from 2021. Reported inventory is 859,785 square feet across 445 units, or about 0 per square foot. This page is the Allen, Texas file for the 1400 Andrews Pkwy, Allen, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Allen sit in the Market section below. Filter that Allen multifamily set by closing date to see what else sold near 1400 Andrews Pkwy, Allen, TX, USA around 2021. Cite this Round Hill Capital Acquires 445-Unit Multifamily Property In Allen sale when underwriting similar multifamily product around Allen, Texas.
Players
Allen 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