Marcus & Millichap Brokers Sell Multifamily Property In Haltom City, TX
6100 Glenview Drive, Haltom City, TX, USA
Building Size
139,550 SF
Asset Type
MultiFamily
Closing
Jun 10, 2020
AI
The multifamily property located at 6100 Glenview Dr in Haltom City has been sold. The transaction took place on June 10, 2021. The property is situated on 6.6 acres of land and consists of 138 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: N/A
- Market: Haltom City
- Units: 138
- Acres: 6.6
- Brokers: Nick Fluellen, Bard Hoover, & David Fersing - Marcus & Millichap
The deal was facilitated by Marcus & Millichap, with Nick Fluellen, Bard Hoover, and David Fersing representing the parties involved in the transaction.
Players
North Richland Hills 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