Castle Lanterra Properties Acquires McKinney Multifamily Property From Seller Alliance Residential
SOLD
Texas
See Similar DealsMultiFamily1,406 SF
Sold 10/29/2021
SOLD
Castle Lanterra Properties Acquires McKinney Multifamily Property From Seller Alliance Residential
2650 S McDonald St, McKinney, TX, USA
See Similar DealsMultiFamily1,406 SF
Sold 10/29/2021
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:1,406 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 2650 S McDonald St in McKinney, comprising a total of 255 units. The transaction was executed on October 29, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2650 S McDonald St
- Market: McKinney
- Units: 255
- Buyer: Castle Lanterra Properties
- Buyer's Representative: Elie Rieder
- Seller: Alliance Residential
- Seller's Representative: Bruce Ward
Elie Rieder represented Castle Lanterra Properties in the acquisition of the multifamily asset, while Bruce Ward represented Alliance Residential in the transaction. The deal highlights the involvement of two key players in the multifamily market.
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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Annual Debt Service$0.00
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