BKE Capital Acquires Multifamily Property In Irving From Seller KNS Investments LLC
3338 Willow Creek Drive, Irving, TX 75061, USA
Building Size
123,348 SF
Asset Type
MultiFamily
Closing
Oct 6, 2021
AI
The multifamily property located at 3338 Willow Creek Dr has been sold. The property, situated in Irving, consists of 228 units and spans a total area of 123,348 square feet. The transaction took place on October 6, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 3338 Willow Creek Dr
- Market: Irving
- Units: 228
- Square Feet: 123,348
The buyer of the property is BKE Capital, while the seller is KNS Investments LLC. The deal was facilitated by brokers Matt Waskow, Rowan Burch, Coleton Burch, and Conner Martin.
Players
Irving 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