Greysteel Brokers Multifamily Property Sale In El Paso With 310 Units At 4111 Westcity Ct
4111 Westcity Ct, El Paso, TX, USA
Building Size
233,192 SF
Asset Type
MultiFamily
Closing
Nov 3, 2021
AI
Greysteel brokers Jack Stone, Sr, Doug Banerjee, Andrew Hanson, & Chris Castillo facilitated the sale of a multifamily property located at 4111 Westcity Ct in El Paso. The transaction, which took place on 11/03/2021, involved a total of 310 units. The property is situated in the El Paso market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 4111 Westcity Ct
- Market: El Paso
- Units: 310
Greysteel's team, composed of brokers Jack Stone, Sr, Doug Banerjee, Andrew Hanson, & Chris Castillo, played a vital role in this transaction, ensuring its successful completion. Through their expertise and network, they facilitated the sale of the multifamily property, showcasing their commitment and proficiency in the real estate industry.
Players
El Paso 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