37th Parallel Properties Sells 202-Unit Multifamily Property In Allen, TX
SOLD
Texas
See Similar DealsMultiFamily
Sold 09/08/2022
SOLD
37th Parallel Properties Sells 202-Unit Multifamily Property In Allen, TX
1500 South Jupiter Road, Allen, Texas 75002, United States
See Similar DealsMultiFamily
Sold 09/08/2022
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
In Allen, a multifamily property located at 1500 S. Jupiter Rd. has been sold. The property consists of 202 units spread over 10 acres.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 09/08/2022
- Address: 1500 S. Jupiter Rd.
- Market: Allen
- Units: 202
- Acres: 10
The seller of the property was 37th Parallel Properties. The transaction was facilitated by Taylor Hill, Michael Tumminello, Ware Tumminello, Joey Tumminello, Drew Kile, and Will Balthrope of Institutional Property Advisors (IPA), Marcus & Millichap.
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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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