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600 Woodbridge Pkwy, Wylie,...

Lionel Partners Acquires Multifamily Property In Wylie, Texas
SOLDMultiFamily

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

Zac Thomas

Global Real Estate Advisors (GREA)

Broker

3 deals

Broker
Partners
PartnersBuyer

Wylie MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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