Updated Dec 4, 2024
City Of Plano Acquires Multifamily Property In Plano, TX
6512 Jupiter Road
Building Size
296,992 SF
Asset Type
MultiFamily
Closing
Oct 6, 2023
About this deal
AI
A multifamily property located at 6512 Jupiter Road in Plano, TX has been sold. The property spans approximately 296,992 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 6512 Jupiter Road
- Market: Plano, TX
The buyer of the property is the City of Plano, while the seller is Al Dewan Properties represented by Syed Husain. The deal was facilitated by Chris Janowski from Duwest Realty acting as the broker.
Traded’s record for 6512 Jupiter Road in Plano, Texas covers a multifamily sale from 2023. The building is 296,992 square feet, implying about 0 per square foot on the published price. Chris Janowski, Duwest Realty appear on the sale alongside Duwest Realty. This page is the Plano, Texas file for the 6512 Jupiter Road 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 6512 Jupiter Road around 2023. Cite this City Of Plano Acquires Multifamily Property In Plano, TX sale when underwriting similar multifamily product around Plano, Texas.
Players
Plano 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