Emil Shabot And Isaac Shabot Broker Sale Of Enclave At Grapevine Apartments In Grapevine TX
2311 West Grapevine Mills Circle
Building Size
425,000 SF
Asset Type
MultiFamily
Closing
Jul 11, 2024
AI
The property involved in the transaction is Enclave at Grapevine Apartments, a multifamily asset located at 2311 West Grapevine Mills Circle in Grapevine, TX. The asset encompasses 243 units and has a total square footage of 425,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2311 West Grapevine Mills Circle
- Market: Grapevine, TX
- Units: 243
- Square Footage: 425,000
The transaction was brokered by Emil Shabot and Isaac Shabot, representing KSR. They have extended an invitation for inquiries related to buying or selling multifamily properties nationwide, providing their contact emails for further communication.
Players
Grapevine 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