Updated Oct 28, 2024
Dante Andrade Acquires Multifamily Property In Irving With Sellers Evan Goldenberg, EBEX Holdings
1901 West 5th Street, Irving, TX 75060, USA
Building Size
141,000 SF
Asset Type
MultiFamily
Closing
Oct 29, 2021
About this deal
AI
The 176-unit multifamily property located at 1901 W 5th St in Irving has been sold in a recent transaction. The property spans approximately 141,000 square feet and was sold on October 29, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1901 W 5th St, Irving
- Market: Irving
- Number of Units: 176
- Square Footage: 141,000
The buyer of the property is Dante Andrade, while Evan Goldenberg, the representative of EBEX Holdings, acted as the seller. The transaction was facilitated by brokers Bard Hoover and Nick Fluellen, who work for Marcus & Millichap.
On the Map
MultiFamily
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Players
Irving 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