Marcus & Millichap Sells Tucasa Townhomes And Villa Capri In Dallas-Fort Worth
1635 Darr St Irving, TX 75061, USA
Building Size
—
Asset Type
MultiFamily
Closing
Aug 22, 2023
AI
Marcus & Millichap recently facilitated the sale of Tucasa Townhomes and Villa Capri, two multifamily properties located at 1635 Darr Street and 2213 Capri Drive in the Dallas-Fort Worth market. These properties consist of a combined total of 170 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1635 Darr Street & 2213 Capri Drive
- Market: Irving & Fort Worth
- Units: 170
The sale of Tucasa Townhomes and Villa Capri was handled by brokers Al Silva, Ford Braly, and Dylan York from Marcus & Millichap. These properties were marketed by the brokers and acquired by separate out-of-state partnerships. Unfortunately, the specific transaction amount was not disclosed in the provided information.
Players
Irving MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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