Updated Dec 21, 2023
Darwin German Real Estate Investments Acquires Multifamily Property In Carrollton
1700 W Frankford Rd, Carrollton, TX, USA
Building Size
1,257 SF
Asset Type
MultiFamily
Closing
Jun 6, 2021
About this deal
AI
A multifamily property located at 1700 W Frankford Rd in Carrollton has been sold in a recent transaction. The property consists of 204 units and was sold on 06/07/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 1700 W Frankford Rd, Carrollton
- Market: Carrollton
- Units: 204
The buyer involved in the transaction is Darwin German Real Estate Investments, represented by Darwin German.
Traded’s record for 1700 W Frankford Rd, Carrollton, TX, USA in Carrollton, Texas covers a multifamily sale from 2021. Reported inventory is 1,257 square feet across 204 units, or about 0 per square foot. This page is the Carrollton, Texas file for the 1700 W Frankford Rd, Carrollton, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Carrollton sit in the Market section below. Filter that Carrollton multifamily set by closing date to see what else sold near 1700 W Frankford Rd, Carrollton, TX, USA around 2021. Cite this Darwin German Real Estate Investments Acquires Multifamily Property In Carrollton sale when underwriting similar multifamily product around Carrollton, Texas.
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Carrollton 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