First Capital Advisors Acquires Multifamily Property On Post Oak Blvd In Euless From Seller Trinity Postoak Ltd
3741 Post Oak Blvd, Euless, TX, USA
Building Size
—
Asset Type
MultiFamily
Closing
Nov 4, 2020
AI
The multifamily property located at 3741 Post Oak Blvd in Euless has been sold. The property consists of 180 units and was sold on November 5, 2020.
Summary of transaction details:
- Property Type: Multifamily
- Sale Date: 11/05/2020
- Address: 3741 Post Oak Blvd
- Market: Euless
- Units: 180
The seller of the property was Trinity Postoak Ltd., while the buyer was First Capital Advisors (FCA). The sale was facilitated by the brokers Chris Deuillet, Jeremy Faltys, William Hubbard, Jeff Stein, Michael Thompson, and Brock Hudson of CBRE.
Players
Euless 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