Updated Oct 28, 2024
Capitol Seniors Housing Acquires Multifamily Property In Plano, TX And Arlington Heights, IL
3640 Mapleshade Lane, Plano, TX, USA
Building Size
1,071 SF
Asset Type
MultiFamily
Closing
Sep 20, 2021
About this deal
AI
A multifamily property located at 3640 Mapleshade Ln in Plano, TX and 1330 N Douglas Ave in Arlington Heights, IL has been sold. The property consists of 360 units and was sold in a transaction that closed on 09/21/2021. The buyer of the property was Capitol Seniors Housing, while the seller was Kompass Kapital Management LLC. The deal was facilitated by Cody Tremper and Mike Garbers from JLL.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Plano, TX & Arlington Heights, IL
- Units: 360
Cody Tremper and Mike Garbers from JLL represented the buyer and seller in the transaction, respectively.
Players
Plano 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