SOLDMultiFamily
Productive Capital Associates Sells Multifamily Property In Killeen For $Undisclosed
2812 Lake Road, Killeen, TX 76543
Building Size
9,000 SF
Asset Type
MultiFamily
Closing
Dec 31, 2021
AI
The multifamily property located at 2812 Lake Rd in Killeen has been sold. The transaction took place on December 31, 2021. The property consists of 222 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2812 Lake Rd
- Market: Killeen
- Units: 222
The seller of the property was Productive Capital Associates. The deal was facilitated by J.R. Ellis, Harrison Cole, and Daniel Hartnett from the real estate firm Greysteel.
Players
Killeen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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