Updated Nov 20, 2025
J Stark Management Acquires Multifamily Property In Greenville, TX For $15M
4224 King Street, Greenville, TX, USA
$15,000,000
$96/SF
Building Size
155,000 SF
Asset Type
MultiFamily
Closing
Apr 21, 2021
About this deal
AI
An apartment complex located at 4224 King Street and 1919 Joe Ramsey Blvd in Greenville, TX has been sold in a recent transaction. The property, spanning approximately 155,000 square feet, was listed for sale by Platinum Properties. The buyer, J Stark Management, acquired the multifamily asset for a sale price of $15,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,000,000
- Address: 4224 King Street, 1919 Joe Ramsey Blvd, Greenville, TX
- Market: Greenville, TX
The sale was facilitated by the brokers Steven Vegh and Phil Goldstein of Westwood Realty Associates. Steven Vegh can be contacted at [email protected] or at 917-715-8259. They provided advice on the sale and financing of the property. The financing for the transaction was secured through Harbor Group International's bridge program.
On the Map
$15,000,000
$96/SF
MultiFamily
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Greenville 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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93