Updated Dec 19, 2023
Vero Sade Acquires Multifamily Property In McKinney From Forest City Enterprises
3700 Mckinney Avenue, Dallas, Texas 75204, United States
Units
381
Asset Type
MultiFamily
Closing
Sep 27, 2022
About this deal
AI
A multifamily property located at 3700 McKinney Ave, in McKinney, was recently sold in a transaction that took place on September 28, 2022. The property consists of 381 units and is situated in the McKinney market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not Available
- Image: Yoni Sade
- Buyer: Vero Sade
- Seller: Forest City Enterprises
- Date: 09/28/2022
- Address: 3700 McKinney Ave
- Market: McKinney
- Units: 381
The buyer in this transaction was Vero Sade, while the property was sold by Forest City Enterprises. Unfortunately, no information regarding the transaction amount is available.
Players
Dallas 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