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Paul Yazbeck Represents Seller In Sale Of 168-Unit Shadow Park Apartments In Lake Jackson
SOLD
Texas
See Similar DealsMultiFamily
Sold 09/10/2025
SOLD
Paul Yazbeck Represents Seller In Sale Of 168-Unit Shadow Park Apartments In Lake Jackson
420 Garland Drive
See Similar DealsMultiFamily
Sold 09/10/2025
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
Shadow Park Apartments is a multifamily property located at 420 Garland Drive in Lake Jackson, TX, comprising 168 units. The transaction involved a high-leverage loan assumption, facilitating the sale process.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 168
- Address: 420 Garland Drive
- Market: Lake Jackson
Paul Yazbeck represented the seller in this transaction, while Yonnic Land played a crucial role in sourcing the buyer, who is new to the submarket and successfully secured their first agency-backed loan.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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