Updated Dec 21, 2023
Vertical Street Ventures Acquires Multifamily Property With Jenny Gou
1609 Sherry St, Arlington, TX, USA
Building Size
213,940 SF
Asset Type
MultiFamily
Closing
Nov 4, 2021
About this deal
AI
On 11/04/2021, a multifamily property located at 1609 Sherry St in Arlington was sold. The property consists of 252 units and was acquired by Vertical Street Ventures, represented by Jenny Gou.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Address: 1609 Sherry St
- Market: Arlington
- Units: 252
Jenny Gou, representing Vertical Street Ventures, played a key role as the buyer in this sale transaction.
Traded’s record for 1609 Sherry St, Arlington, TX, USA in Arlington, Texas covers a multifamily sale from 2021. Reported inventory is 213,940 square feet across 252 units, or about 0 per square foot. This page is the Arlington, Texas file for the 1609 Sherry St, Arlington, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 1609 Sherry St, Arlington, TX, USA around 2021. Cite this Vertical Street Ventures Acquires Multifamily Property With Jenny Gou sale when underwriting similar multifamily product around Arlington, Texas.
Players
Arlington 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