Updated Oct 28, 2024
Maxus Properties Inc. Acquires 266-Unit Multifamily Property On Frisco Square Blvd In Frisco
6226 Frisco Square Blvd, Frisco, TX, USA
Building Size
8,496 SF
Asset Type
MultiFamily
Closing
Jul 14, 2020
About this deal
AI
Located at 6226 Frisco Square Blvd in Frisco, this multifamily property was recently sold. The transaction took place on July 14, 2021, with a total of 266 units being included in the sale.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
The seller of the property was Fairfield Residential, represented by Greg Pinkalla. On the other hand, the buyer was Maxus Properties Inc., represented by Dave Johnson.
Traded’s record for 6226 Frisco Square Blvd, Frisco, TX, USA in Frisco, Texas covers a multifamily sale from 2020. Reported inventory is 8,496 square feet across 266 units, or about 0 per square foot. Named participants on the 6226 Frisco Square Blvd, Frisco, TX, USA sale are Greg Pinkalla. This page is the Frisco, Texas file for the 6226 Frisco Square Blvd, Frisco, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Frisco sit in the Market section below. Filter that Frisco multifamily set by closing date to see what else sold near 6226 Frisco Square Blvd, Frisco, TX, USA around 2020. Cite this Maxus Properties Inc. Acquires 266-Unit Multifamily Property On Frisco Square Blvd In Frisco sale when underwriting similar multifamily product around Frisco, Texas.
Frisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily sales on Traded.
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