SOLDMultiFamily
Mark Gleiberman Of MG Properties Acquires 458-Unit Reserve At Spring Creek From Jérôme Foulon
2710 Routh Creek Parkway
Units
458
Asset Type
MultiFamily
Closing
May 22, 2026
AI
No summary available.
Players
Hewitt 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