Lloyd Jones Senior Living Acquires Multifamily Property In Granbury
2300 Paluxy Highway, Granbury, Texas 76048, United States
Building Size
—
Asset Type
MultiFamily
Closing
Sep 11, 2022
AI
A multifamily property located at 2300 Paluxy Hwy in Granbury was recently sold in a transaction facilitated by brokers Charles Bissell and Dean Ferris from JLL. The property consists of 75 units spread across 30 acres. The sale took place on 9th December 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2300 Paluxy Hwy
- Market: Granbury
- Units: 75
- Acres: 30
The buyer of the property is Lloyd Jones Senior Living, while the seller is Living Care Lifestyles. The deal was facilitated by Charles Bissell and Dean Ferris from JLL.
Players
Granbury 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