Lionel Partners Acquires Multifamily Property In Wylie, Texas
600 Woodbridge Pkwy, Wylie, TX, USA
Building Size
1,276 SF
Asset Type
MultiFamily
Closing
May 3, 2021
AI
Hayden Properties has successfully sold a multifamily property located at 600 Woodbridge Parkway in Wylie's market. The transaction took place on 05/04/2021 and involved the sale of a property consisting of 303 units. The property, managed by Lionel Partners, is now under new ownership.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 600 Woodbridge Parkway, Wylie
- Market: Wylie
- Units: 303
The transaction was facilitated by the brokers Zac Thomas and Sean Reynolds from Greystone, representing Hayden Properties as the seller. Zac Thomas and Sean Reynolds played a crucial role in making this deal a success for their client.
Players
Wylie 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