Updated Dec 20, 2023
Evan Burke's Multifamily Group Sells 72-Unit Property In Nacogdoches
1410 Martinsville Street, Nacogdoches, TX, USA
Units
72
Asset Type
MultiFamily
Closing
Jan 10, 2021
About this deal
AI
A multifamily property consisting of 72 units located at 1410 Martinsville Street in Nacogdoches has been sold. The transaction was completed on January 11, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Nacogdoches
- Units: 72
Evan Burke of The Multifamily Group served as the broker for this transaction.
Traded’s record for 1410 Martinsville Street, Nacogdoches, TX, USA in Nacogdoches, Texas covers a multifamily sale from 2021. Reported inventory is 72 units across 72 units. Named participants on the 1410 Martinsville Street, Nacogdoches, TX, USA sale are Evan Burke. This page is the Nacogdoches, Texas file for the 1410 Martinsville Street, Nacogdoches, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Nacogdoches sit in the Market section below. Filter that Nacogdoches multifamily set by closing date to see what else sold near 1410 Martinsville Street, Nacogdoches, TX, USA around 2021. Cite this Evan Burke's Multifamily Group Sells 72-Unit Property In Nacogdoches sale when underwriting similar multifamily product around Nacogdoches, Texas.
Players
Nacogdoches 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