Yonnic Land & Guillermo Gameros Sell Magnolia St Multifamily In Texarkana
3801 Magnolia Street, Texarkana, Texas 75503, United States
Building Size
—
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
Loading comparables…
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