Yonnic Land & Guillermo Gameros Sell Magnolia St Multifamily In Texarkana
3801 Magnolia Street, Texarkana, Texas 75503, United States
Units
39
Asset Type
MultiFamily
Closing
Sep 27, 2022
AI
Yonnic Land and Guillermo Gameros of The Multifamily Group (TMG) facilitated the sale of a multifamily property in Texarkana. The property, located at 3801 Magnolia St, consists of 39 units. The transaction took place on September 28, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 3801 Magnolia St
- Market: Texarkana
- Units: 39
The deal was successfully negotiated by Yonnic Land and Guillermo Gameros, representatives of The Multifamily Group (TMG).
Players
Texarkana 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