Marcus & Millichap Brokers Facilitate Sale Of 82-Unit Multifamily Property In Nacogdoches, Texas
2912 Chimney Rock Ln, Nacogdoches, TX, USA
Building Size
261,360 SF
Asset Type
MultiFamily
Closing
Dec 2, 2021
AI
An 82-unit multifamily property located at 2912 Chimney Rock Ln in Nacogdoches has been sold. The transaction took place on 12/02/2021. The property was listed for sale and was successfully purchased in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2912 Chimney Rock Ln
- Market: Nacogdoches
- Units: 82
The sale of this multifamily property was facilitated by the brokerage team consisting of Matt Aslan, Nick Fluellen, and Bard Hoover from Marcus & Millichap.
Players
Nacogdoches 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