Updated Dec 21, 2023
Walker & Dunlop Acquires Multifamily Property On S Locust St In Denton
210 S Locust St, Denton, TX, USA
Building Size
18,000 SF
Asset Type
MultiFamily
Closing
Apr 8, 2020
About this deal
AI
Located at 210, 417, 401, 501 & 315 S Locust St, 214 S Bell Ave in Denton, this multifamily property was recently sold. The transaction took place on April 9, 2020, and the property spans a total of 18,000 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Broker: Walker & Dunlop-Kyle Palmer & Jeremy Nussbaum
- Image: Kyle Palmer & Jeremy Nussbaum
- Date: 04/09/20
- Address: 210, 417, 401, 501 & 315 S Locust St, 214 S Bell Ave, Denton
The deal was facilitated by Walker & Dunlop brokers, Kyle Palmer and Jeremy Nussbaum. They represented the buyers and sellers in this transaction, bringing their expertise and experience to the table.
Players
Denton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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