Greysteel Brokers Sell 144-unit Multifamily Property On Old Anson Rd, Abilene, TX
2934 Old Anson Road, Abilene, TX 79603
Building Size
91,151 SF
Asset Type
MultiFamily
Closing
Dec 22, 2021
AI
The multifamily property located at 2934 Old Anson Rd in Abilene, TX has been sold. The transaction took place on December 22, 2021. The property consists of 144 units and spans across 21 acres.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Address: 2934 Old Anson Rd, Abilene, TX
- Market: Abilene, TX
- Units: 144
- Acres: 21
The sale of the property was facilitated by Greysteel, with brokers John Marshall Doss, Doug Banerjee, and Murphy Holloway representing the parties involved in the transaction.
Players
Abilene 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