The Multifamily Group Acquires 107-Unit Multifamily Property In Arlington For Sale
2100 Ascension Boulevard, Arlington, TX 76006, USA
Building Size
63,088 SF
Asset Type
MultiFamily
Closing
Oct 4, 2021
AI
A multifamily property located at 2100 Ascension Blvd in Arlington has been sold in a recent transaction. The property consists of 107 units, making it a significant investment opportunity in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 2100 Ascension Blvd
- Market: Arlington
- Units: 107
The sale of this property was facilitated by Jon Krebbs, a representative from The Multifamily Group (TMG). With their expertise in the multifamily market, they successfully managed the transaction, ensuring a smooth process for all parties involved.
Players
Arlington 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