Updated Oct 28, 2024
180 Multifamily Properties Acquires 444-Unit Multifamily Property In Arlington
2420 East Abram Street, Arlington, TX, USA
Building Size
362,847 SF
Asset Type
MultiFamily
Closing
Aug 22, 2021
About this deal
AI
The multifamily property located at 2420 Abrams St in Arlington has been sold. The transaction took place on August 23, 2021. The property consists of 444 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2420 Abrams St
- Market: Arlington
180 Multifamily Properties, represented by Lance Woodward, acted as the buyer in this transaction.
Traded’s record for 2420 East Abram Street, Arlington, TX, USA in Arlington, Texas covers a multifamily sale from 2021. Reported inventory is 362,847 square feet across 444 units, or about 0 per square foot. This page is the Arlington, Texas file for the 2420 East Abram Street, Arlington, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 2420 East Abram Street, Arlington, TX, USA around 2021. Cite this 180 Multifamily Properties Acquires 444-Unit Multifamily Property In Arlington sale when underwriting similar multifamily product around Arlington, Texas.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
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