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2800 NE Green Oaks Blvd, Gr...

Updated Oct 28, 2024

Shore To Shore Properties Acquires Multifamily Property In Grand Prairie
SOLDMultiFamily

Shore To Shore Properties Acquires Multifamily Property In Grand Prairie

2800 NE Green Oaks Blvd, Grand Prairie, TX, USA

Building Size

1,281 SF

Asset Type

MultiFamily

Closing

Aug 12, 2021

About this deal

AI

2800 NE Green Oaks Blvd in Grand Prairie has been sold in a recent transaction. The property is a multifamily asset consisting of 148 units. The sale was facilitated by CBRE.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: N/A
  • Address: 2800 NE Green Oaks Blvd
  • Market: Grand Prairie
  • Units: 148

The buyer, Shore to Shore Properties represented by Patrick Wabl, purchased the property from MPH Partners. Bob Sulentic shared an image on Instagram, dated August 13, 2021, announcing the sale.

Players

SP
Shore to Shore PropertiesBuyer

Grand Prairie 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

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