Updated Oct 28, 2024
Starwood Capital Group Acquires Multifamily Property In Carrollton From Acre Valley Real Estate Capital
4600 North Josey Lane, Carrollton, TX 75010
Building Size
183,993 SF
Asset Type
MultiFamily
Closing
Aug 3, 2020
About this deal
AI
The multifamily property located at 4600 N Josey Ln in Carrollton was recently sold in a transaction on 08/03/2021. The property consists of 690 units, making it a significant investment in the real estate market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 4600 N Josey Ln, Carrollton
- Market: Carrollton
- Units: 690
The seller, Acre Valley Real Estate Capital, represented by Richard Hadar, successfully completed the transaction. On the other side, the buyer, Starwood Capital Group, was represented by Barry Sternlicht.
These key individuals and their respective companies played a vital role in the sale of the multifamily property in Carrollton.
Players
Carrollton 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