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2001 South Cooper Street, A...

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
SOLDMultiFamily

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

Philip Wiegand

NorthMarq

Broker

13 deals

Broker
APF Properties
APF PropertiesBuyer

Berndt Perl

APF Properties

Buyer

2 deals

Buyer
Eagle Property Capital
Eagle Property CapitalSeller

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