Aspen Capital Group Acquires 616-Unit Multifamily Property On Plum Lane In Arlington, TX
SOLD
Texas
See Similar DealsMultiFamily
Sold 10/12/2022
SOLD
Aspen Capital Group Acquires 616-Unit Multifamily Property On Plum Lane In Arlington, TX
2216 Plum Lane, Arlington, Texas 76010, United States
See Similar DealsMultiFamily
Sold 10/12/2022
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 2216 Plum Lane in Arlington, TX has been sold in a recent transaction. The property spans over 21 acres and consists of 616 residential units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2216 Plum Lane, Arlington, TX
- Market: Arlington, TX
- Units: 616
- Acres: 21
The buyer of the property is Aspen Capital Group. The seller in this transaction is Archway Equities, represented by Sean Moghavem. The deal was facilitated by Drew Kile, Joey Tumminello, Michael Ware, and Asher Hall from Institutional Property Advisors (IPA).
Players
SELLER
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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