Updated Jan 30, 2024
Marcus & Millichap Brokers Sell 396-Unit Multifamily Property In Weatherford, TX
1801 Lone Oak Rd, Weatherford, Texas 76086, United States
Units
396
Asset Type
MultiFamily
Closing
Jan 24, 2022
About this deal
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.
Traded’s record for 1801 Lone Oak Rd, Weatherford, Texas 76086, United States in Weatherford, Texas covers a multifamily sale from 2022. Reported inventory is 396 units across 396 units. John McGregor, Nick Fluellen, Bard Hoover, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Weatherford, Texas file for the 1801 Lone Oak Rd, Weatherford, Texas 76086, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Weatherford sit in the Market section below. Filter that Weatherford multifamily set by closing date to see what else sold near 1801 Lone Oak Rd, Weatherford, Texas 76086, United States around 2022. Cite this Marcus & Millichap Brokers Sell 396-Unit Multifamily Property In Weatherford, TX sale when underwriting similar multifamily product around Weatherford, Texas.
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Weatherford 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