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19200 Lyndon B Johnson Fwy ...

Scott Everett Acquires 126-Unit Multifamily Property In Mesquite
SOLDMultiFamily

Scott Everett Acquires 126-Unit Multifamily Property In Mesquite

19200 Lyndon B Johnson Fwy Mesquite, TX 75150, USA

Building Size

91,896 SF

Asset Type

MultiFamily

Closing

Aug 10, 2023

AI

The property involved in this transaction is a multi-family asset located at 19200 Lyndon B Johnson Freeway in Mesquite. It consists of 126 units with a total square footage of 91,896. Additional details about the property, such as its price and market value, are not available.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: Not available
  • Address: 19200 Lyndon B Johnson Freeway
  • Market: Mesquite
  • Units: 126
  • Square Footage: 91,896

Involved in this transaction as the buyer is Scott Everett, while Randal Parude is the seller. The transaction was facilitated by CBRE, with William Hubbard, Chris Deuillet, Matthew Pastrano, and Jaxx Davies representing the brokerage firm. No other additional information about the deal's key individuals and companies is available.

Players

Chris Deuillet

CBRE

Broker

$16.7M

vol

21 deals

Broker
Scott Everett

Scott Everett

Buyer

$337M

vol

10 deals

Buyer

Mesquite 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