Updated Mar 17, 2025
Related Cos. Acquires Multifamily Property In Carrollton From Carroll Organization Of Atlanta
3620 Huffines Boulevard, Carrollton, Texas 75010, United States
Units
520
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
Located at 3620 Huffines Blvd. in Carrollton, this multifamily property was recently sold in a transaction facilitated by Marcus & Millichap. The property consists of 520 units, making it an attractive investment opportunity in the Carrollton market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 3620 Huffines Blvd.
- Market: Carrollton
- Units: 520
Related Cos., a prominent buyer in the real estate industry, successfully acquired the property. The seller, Carroll Organization of Atlanta, made the decision to part ways with the asset. This transaction showcases the ongoing activity in the Carrollton market, with Marcus & Millichap serving as the broker in the deal.
Players
Carrollton 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