Updated Dec 21, 2023
Western Wealth Capital Acquires Multifamily Property In Arlington By Buyer Janet LePage
2505 Thomason Circle, Arlington, TX 76006, USA
Building Size
229,800 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
The multifamily property located at 2505 Thomason Cir in Arlington was recently sold in a transaction. The property features a total of 288 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 08/30/2021
- Address: 2505 Thomason Cir
- Market: Arlington
- Units: 288
The buyer in this transaction was Western Wealth Capital, represented by Janet LePage.
Traded’s record for 2505 Thomason Circle, Arlington, TX 76006, USA in Arlington, Texas covers a multifamily sale from 2021. Reported inventory is 229,800 square feet across 288 units, or about 0 per square foot. This page is the Arlington, Texas file for the 2505 Thomason Circle, Arlington, TX 76006, 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 2505 Thomason Circle, Arlington, TX 76006, USA around 2021. Cite this Western Wealth Capital Acquires Multifamily Property In Arlington By Buyer Janet LePage sale when underwriting similar multifamily product around Arlington, Texas.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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