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
Mesquite MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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