SOLDMultiFamily
The Multifamily Group Acquires El Paso Multifamily At 2435 McKinley Ave & 1601 McRae Blvd
2435 McKinley Avenue, El Paso, TX 79930, USA
Building Size
—
Asset Type
MultiFamily
Closing
Nov 22, 2021
AI
2435 McKinley Ave & 1601 McRae Blvd in El Paso was recently sold as a multifamily property. The sale was facilitated by Chris Siemasko, Bryce Smith, and Jon Krebbs of The Multifamily Group (TMG). The transaction took place on November 22, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: El Paso
- Brokers: Chris Siemasko, Bryce Smith, and Jon Krebbs - The Multifamily Group (TMG)
No additional details are available about the transaction or the property.
Players
El Paso MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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