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1811 East Frankford Road, C...

Updated Dec 19, 2023

Western Wealth Capital Acquires Multifamily Property In Carrollton With Buyer's Rep Janet Lepage
SOLDMultiFamily

Western Wealth Capital Acquires Multifamily Property In Carrollton With Buyer's Rep Janet Lepage

1811 East Frankford Road, Carrollton, TX 75007

Building Size

222,975 SF

Asset Type

MultiFamily

Closing

Oct 2, 2021

About this deal

AI

Janet Lepage sold a multifamily property located at 1811 Frankford Rd E in Carrollton. The property, consisting of 274 units, was sold on October 2, 2021. The buyer of the property was Western Wealth Capital, represented by Janet Lepage.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not available
  • Address: 1811 Frankford Rd E
  • Market: Carrollton
  • Units: 274

The deal involved key individuals, with Janet Lepage representing Western Wealth Capital in the transaction. Further details about the transaction, such as the sale price or loan amount, were not provided.

Players

Carrollton 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

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