Jack Stone's Greysteel Brokers Sale Of 233-Unit Multifamily Property In El Paso, Texas
4554 Hercules Avenue, El Paso, Texas 79904, United States
Building Size
3,000 SF
Asset Type
MultiFamily
Closing
Jul 11, 2022
AI
A multifamily property with 233 units located at 4554 Hercules Avenue in El Paso has been sold. The transaction was facilitated by Jack Stone of Greysteel.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: El Paso
- Address: 4554 Hercules Avenue
- Units: 233
The sale of this multifamily property marks a significant transaction in El Paso's real estate market. The involvement of Jack Stone from Greysteel as the broker underscores the expertise and experience brought to the deal.
Players
El Paso 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