Updated Nov 11, 2026
Greybrook Realty Partners Acquires 334-Unit Multifamily Property In Mansfield From American Landmark
370 North State Highway 360
Building Size
298,531 SF
Asset Type
MultiFamily
Closing
Nov 6, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily property located at 370 North State Highway 360 in Mansfield. This property contains 334 units and encompasses a total square footage of 298,531. The transaction took place on 11/06/2026.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 334
- Square Feet: 298,531
- Address: 370 North State Highway 360
- Market: Mansfield
- Buyer: Greybrook Realty Partners
- Seller: American Landmark
- Brokers: Grant Raymond & Asher Hall - Cushman & Wakefield
- Financing: Greystone Financed the Acquisition with Fannie Mae
The transaction was brokered by Grant Raymond and Asher Hall, representing the buyer Greybrook Realty Partners and the seller American Landmark, facilitating the acquisition of this significant multifamily asset.
On the Map
MultiFamily
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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