Updated Oct 28, 2024
Yamasa Corp. Acquires 510-Unit Multifamily In McKinney From The Connor Group
4490 Eldorado Parkway, McKinney, Texas 75070, United States
Units
510
Asset Type
MultiFamily
Closing
Jun 12, 2022
About this deal
AI
The multifamily property located at 4490 West Eldorado Parkway in McKinney has been sold. The transaction took place on June 13, 2022, making it a recent deal. The property consists of 510 units, offering a significant investment opportunity in the thriving McKinney market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified in the provided information
- Address: 4490 West Eldorado Parkway
- Market: McKinney
- Number of Units: 510
Yamasa Corp. has been identified as the buyer in this transaction. The Connor Group served as the seller, facilitating the successful sale of the property. Both parties have actively participated in the negotiation and completion of this deal.
Players
McKinney MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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