Marcus & Millichap Sells 12-Unit Multifamily Property In Grand Prairie
2462 Ft Worth St, Grand Prairie, TX 75050, USA
Building Size
3,472 SF
Asset Type
MultiFamily
Closing
Aug 12, 2020
AI
The multifamily property located at 2462 Ft Worth Street in Grand Prairie has recently been sold. The transaction took place on August 13, 2020. The property consists of 12 units and was listed for sale in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2462 Ft Worth Street
- Market: Grand Prairie
The sale of this multifamily property was facilitated by Matt Aslan, Nick Fluellen, and Bard Hoover from Marcus & Millichap. They acted as the brokers representing the parties involved in the transaction.
Players
Grand Prairie 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