Updated Oct 28, 2024
Pegasus Real Estate Sells Carrollton Multifamily Building With 264 Units
2116 Marsh Lane, Carrollton, Texas 75006, United States
Units
264
Asset Type
MultiFamily
Closing
Apr 25, 2022
About this deal
AI
The multifamily property located at 2116 Marsh Ln in Carrollton has been sold. The property consists of 264 units and was sold by Pegasus Real Estate.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 2116 Marsh Ln, Carrollton
- Market: Carrollton
- Number of Units: 264
The sale of the property was facilitated by the team at Newmark, including Brian Murphy, Richard Furr, Brian O'Boyle, Jr., and Jakob Andersen. They represented Pegasus Real Estate in the transaction.
On the Map
MultiFamily
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Players
Carrollton 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