SOLDMultiFamily
Marcus & Millichap Brokers Sell 396-Unit Multifamily Property In Weatherford, TX
1801 Lone Oak Rd, Weatherford, Texas 76086, United States
Building Size
—
Asset Type
MultiFamily
Closing
Jan 24, 2022
AI
1801 Lone Oak Rd in Weatherford, TX has recently been sold in a multifamily transaction. The property consists of 396 units spread across 18 acres of land.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 1801 Lone Oak Rd
- Market: Weatherford, TX
- Number of Units: 396
- Acres: 18
The sale of this property was facilitated by brokers John McGregor, Nick Fluellen, and Bard Hoover from Marcus & Millichap.
Players
Weatherford 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