Killeen MFD, LLC Sells 266-Unit Multifamily In Killeen, Texas
5002 Thayer Drive, Killeen, TX 76549
Building Size
150,115 SF
Asset Type
MultiFamily
Closing
Dec 28, 2021
AI
The multifamily property located at 5002 Thayer Dr. in Killeen has been sold in a recent transaction. The property consists of 266 units, making it an attractive investment opportunity in the Killeen market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 5002 Thayer Dr.
- Market: Killeen
- Units: 266
The seller of the property was Killeen MFD, LLC. Representing the seller in this transaction were John Carr and Ben Fuller, brokers from Cushman & Wakefield.
Players
Killeen 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