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2690 Rockbrook Dr, Lewisvil...

Marcus & Millichap Sells Lewisville Multifamily For 10 Units On Rockbrook Dr
SOLDMultiFamily

Marcus & Millichap Sells Lewisville Multifamily For 10 Units On Rockbrook Dr

2690 Rockbrook Dr, Lewisville, TX, USA

Building Size

27,177 SF

Asset Type

MultiFamily

Closing

Nov 19, 2021

AI

Located at 2690 Rockbrook Dr in Lewisville, this multifamily property with 10 units has recently been sold in a closed transaction. The sale took place on November 17, 2021. Marcus & Millichap represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: N/A

The brokers who facilitated the sale of this property were Joey Murry, Jonathan Ochstein, Matt Aslan, Nick Fluellen, and Bard Hoover from Marcus & Millichap. They played a crucial role in ensuring a successful transaction between the buyer and the seller.

Players

Nick Fluellen

Marcus & Millichap

Broker

$8.5M

vol

38 deals

Broker

Lewisville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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