Wolf Creek Capital Partners Acquires Multifamily Property In Temple With Buyer's Rep Danny Wieland & Chase Davis
3608 South 31st Street, Temple, TX, USA
Building Size
1,100 SF
Asset Type
MultiFamily
Closing
Apr 24, 2021
AI
The multifamily property located at 3608 S 31st St in Temple was recently sold in a transaction on April 25, 2021. The property consists of 48 units and was listed for sale in the market. The sale was facilitated by brokers Danny Wieland and Chase Davis from The Multifamily Group.
Summary of transaction details
- Property Type: Multifamily
- Sale Date: 04/25/2021
- Address: 3608 S 31st St
- Market: Temple
- Units: 48
Wolf Creek Capital Partners, represented by Michael Prahl, acted as the buyer in this transaction. The deal was negotiated and facilitated by Danny Wieland and Chase Davis from The Multifamily Group, who represented the buyer and seller respectively.
Players
Temple 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