Updated Dec 22, 2023
Eagle Property Capital Investments Acquires 840-Unit Multifamily In Grapevine, Richardson & Carrollton
2913 Mustang Drive, Grapevine, Texas 76051, United States
Units
840
Asset Type
MultiFamily
Closing
Mar 22, 2022
About this deal
AI
Three multifamily properties located at 2913 Mustang Dr, 333 Prestonwood Dr, and 1834 E Peters Colony Rd have been sold in Grapevine, Richardson, and Carrollton. The transaction took place on 03/23/2022, and the buyer is Eagle Property Capital Investments, represented by Gerardo Mahuad. The multifamily properties consist of a total of 840 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 2913 Mustang Dr, 333 Prestonwood Dr, and 1834 E Peters Colony Rd
- Market: Grapevine, Richardson, and Carrollton
- Buyer: Eagle Property Capital Investments - Gerardo Mahuad
The buyer in this transaction is Eagle Property Capital Investments, with their representative Gerardo Mahuad.
Players
Grapevine MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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