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240 Park Pl Blvd, Waxahachi...

Updated Dec 21, 2023

Kalterra Capital Partners Sells Multifamily Property In Waxahachie With Clint Nolen, Dean Lontos & Phil Sanchez
SOLDMultiFamily

Kalterra Capital Partners Sells Multifamily Property In Waxahachie With Clint Nolen, Dean Lontos & Phil Sanchez

240 Park Pl Blvd, Waxahachie, TX, USA

Building Size

1,201 SF

Asset Type

MultiFamily

Closing

May 4, 2021

About this deal

AI

A multifamily property located at 240 Park Pl Blvd in Waxahachie has been sold. The property consists of 213 units and sits on 12 acres. The transaction took place on May 5, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 240 Park Pl Blvd
  • Market: Waxahachie
  • Units: 213
  • Acres: 12

Kalterra Capital Partners, represented by Clint Nolen, Dean Lontos, and Phil Sanchez, were the sellers of the property. No further details about the transaction were provided.

Players

Waxahachie 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

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