APF Properties Acquires Multifamily Property In Arlington For $$$$$ With Buyer's Rep Spencer Perl, Berndt Perl & Kenneth Aschendorf & Seller Eagle Property Capital's Rep Taylor Snoddy, Phil Wiegand, James Roberts, Charles Hubbard - NorthMarq
2001 South Cooper Street, Arlington, TX 76010
Building Size
—
Asset Type
MultiFamily
Closing
Dec 15, 2021
AI
The multifamily property located at 2001 S. Cooper Street in Arlington has been sold in a recent transaction. The sale was completed on December 15, 2021, and the property was acquired by APF Properties, specifically Spencer Perl, Berndt Perl, and Kenneth Aschendorf. The seller of the property was Eagle Property Capital. The market in which this transaction took place is Arlington.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2001 S. Cooper Street
- Buyer: APF Properties - Spencer Perl, Berndt Perl & Kenneth Aschendorf
- Seller: Eagle Property Capital
- Market: Arlington
Taylor Snoddy, Phil Wiegand, James Roberts, and Charles Hubbard from NorthMarq served as the brokers in this transaction, representing the parties involved in the deal.
Players
Arlington 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