facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Multifamily

/

Sale

/

425 East Harwood Road

Janet Lepage Of Western Wealth Capital Acquires 97-Unit Park Place Townhomes In Euless
SOLDMultiFamily

Janet Lepage Of Western Wealth Capital Acquires 97-Unit Park Place Townhomes In Euless

425 East Harwood Road

Building Size

Asset Type

MultiFamily

Closing

Sep 26, 2025

AI

The property asset involved in the transaction is the Park Place Townhomes, a 97-unit multifamily community located at 425 East Harwood Road in Euless, Texas. The deal took place near the DFW Airport, although the transaction amount is not specified.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: Not specified
  • Units: 97
  • Address: 425 East Harwood Road
  • Market: Euless
  • Buyer: Janet Lepage - Western Wealth Capital
  • Broker: Brian Murphy - Newmark

Janet Lepage, representing Canadian firm Western Wealth Capital, participated in the acquisition alongside StepStone Group. Brian Murphy of Newmark acted as the broker for the transaction. Additionally, the loan assumption was managed by Katie Runyan from Walker & Dunlop.

Players

Brian Murphy

Newmark

Broker

$65M

vol

17 deals

Broker
Newmark
NewmarkBrokerage
Janet Lepage

Janet Lepage

Western Wealth Capital

Buyer

$140M

vol

4 deals

Buyer

Euless 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