Updated Oct 28, 2024
GID Acquires 270-Unit Multifamily Property In Plano, Texas
6400 Windcrest Drive, Plano, Texas 75024, United States
Units
270
Asset Type
MultiFamily
Closing
Mar 1, 2022
About this deal
AI
A multifamily property located at 6400 Windcrest Dr in Plano has been sold. The property consists of 270 units and was sold on 03/02/2022. The buyer in this transaction was GID.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Address: 6400 Windcrest Dr
- Market: Plano
- Units: 270
J. Pieratt and Jennifer Purcell from DLA Piper served as the brokers for this deal.
Traded’s record for 6400 Windcrest Drive, Plano, Texas 75024, United States in Plano, Texas covers a multifamily sale from 2022. Reported inventory is 270 units across 270 units. J. Pieratt, Jennifer Purcell, DLA Piper appear on the sale alongside DLA Piper. This page is the Plano, Texas file for the 6400 Windcrest Drive, Plano, Texas 75024, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Plano sit in the Market section below. Filter that Plano multifamily set by closing date to see what else sold near 6400 Windcrest Drive, Plano, Texas 75024, United States around 2022. Cite this GID Acquires 270-Unit Multifamily Property In Plano, Texas sale when underwriting similar multifamily product around Plano, Texas.
On the Map
MultiFamily
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Plano MultiFamily Market Snapshot
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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