Updated Dec 21, 2023
Coldwell Banker Apex Realtors Acquires Multifamily Property In Plano For $4.995M
1514 E 15th St, Plano, TX 75074, Estados Unidos
Building Size
22,867 SF
Asset Type
MultiFamily
Closing
Oct 19, 2020
About this deal
AI
A multifamily property located at 1514 E. 15th Street in Plano has been sold for a listed price of $4,995,000. The property spans 22,867 square feet, resulting in a price per square foot of $218.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,995,000
- Address: 1514 E. 15th Street
- Market: Plano
- SF: 22,867
- PPSF: $218
- Seller's Rep: Melissa Fain - Regent Realty, LLC
- Buyer's Rep: Angela Harwell - Coldwell Banker Apex Realtors
Melissa Fain from Regent Realty, LLC represented the seller in this transaction while Angela Harwell from Coldwell Banker Apex Realtors represented the buyer.
Players
Plano 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