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Mark Allen & Chibuzor Nnaji Of Global Real Estate Advisors Broker 175-Unit Multifamily Sale In Grand Prairie
SOLD
Texas
See Similar DealsMultiFamily
Sold 07/01/2025
SOLD
Mark Allen & Chibuzor Nnaji Of Global Real Estate Advisors Broker 175-Unit Multifamily Sale In Grand Prairie
575 Dickey Road
See Similar DealsMultiFamily
Sold 07/01/2025
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
A 175-unit garden-style apartment complex, Cottonwood Park Village, was recently sold in Grand Prairie, Texas. The property features a high occupancy rate of 92% and is strategically located between Dallas and Fort Worth, providing potential for future value-add renovations by the new owner to enhance performance while maintaining affordability.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 175
- Address: 575 Dickey Road
- Market: Grand Prairie
- Brokers: Mark Allen & Chibuzor Nnaji - Global Real Estate Advisors (GREA)
Mark Allen and Chibuzor Nnaji represented the buyer in this transaction, highlighting their involvement in facilitating the sale through Global Real Estate Advisors. GREA's expertise played a crucial role in the successful brokerage of this multifamily asset.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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