Updated Sep 14, 2026
Vikram Jangam Acquires Irving MultiFamily Property With CBRE Brokers
1928 Rock Island Rd Irving, TX 75060, USA
Building Size
100,810 SF
Asset Type
MultiFamily
Closing
Aug 17, 2023
About this deal
AI
A multi-family property located at 1928 Rock Island Road in Irving has been sold in a recent transaction. The property consists of 113 units spanning across 100,810 square feet. The sale took place on August 17, 2023.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Units: 113
- Square Footage: 100,810
- Address: 1928 Rock Island Road
- Market: Irving
Vikram Jangam acquired the property as the buyer, while Brian Blain served as the seller. The transaction was facilitated by the broker representatives from CBRE, including Chris Deuillet, William Hubbard, Jaxx Davies, and Matthew Pastrano.
On the Map
MultiFamily
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Market 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