Updated Dec 21, 2023
Oldham Goodwin Group Sells 250-Unit Multifamily Property In Portland
1825 Billy G Webb Drive, Portland, TX, USA
Building Size
244,240 SF
Asset Type
MultiFamily
Closing
Oct 11, 2021
About this deal
AI
The Multifamily property located at 1825 Billy G Webb Dr in Portland was recently sold in a closed transaction. The property consists of 250 units and is a part of the vibrant Portland market.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1825 Billy G Webb Dr, Portland
- Market: Portland
- Number of Units: 250
The seller of this property was the Oldham Goodwin Group, represented by Casey Oldham.
Traded’s record for 1825 Billy G Webb Drive, Portland, TX, USA in Portland, Texas covers a multifamily sale from 2021. Reported inventory is 244,240 square feet across 250 units, or about 0 per square foot. This page is the Portland, Texas file for the 1825 Billy G Webb Drive, Portland, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Portland sit in the Market section below. Filter that Portland multifamily set by closing date to see what else sold near 1825 Billy G Webb Drive, Portland, TX, USA around 2021. Cite this Oldham Goodwin Group Sells 250-Unit Multifamily Property In Portland sale when underwriting similar multifamily product around Portland, Texas.
Players
Portland 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