Updated Dec 18, 2023
SOLDMultiFamily
FCP & VaultCap Partners Acquire Multifamily Property In Grand Prairie By Buyer Ryan Heddleston
313 Freetown Rd, Grand Prairie, TX, USA
Building Size
42,081 SF
Asset Type
MultiFamily
Closing
Sep 20, 2021
About this deal
AI
The multifamily property located at 313 Freetown Rd in Grand Prairie has been sold in a recent transaction. The property consists of 100 units and is situated in a prime location.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Date: 09/21/2021
- Address: 313 Freetown Rd, Grand Prairie
- Market: Grand Prairie
- Number of Units: 100
The buyer of the property is FCP & VaultCap Partners, represented by Ryan Heddleston. The transaction was successfully completed, indicating a strong real estate market in the area.
Players
Grand Prairie 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