Updated Oct 28, 2024
TA Realty Acquires Multifamily Property In Frisco From Embrey Partners LLC
6688 John Hickman Parkway, Frisco, TX 75034, USA
Building Size
405,143 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
About this deal
AI
An multifamily property located at 6688 John Hickman Pky in Frisco was recently sold in a transaction. The property consists of 350 units and was sold on 12/03/2021. The sale of this property was facilitated by TA Realty as the buyer and Embrey Partners LLC, represented by John Kirk, as the seller.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not mentioned in the CONTEXT
- Units: 350
- Address: 6688 John Hickman Pky
- Market: Frisco
The transaction involved TA Realty as the buyer and Embrey Partners LLC, represented by John Kirk, as the seller. These key individuals and companies played a significant role in the deal.
Players
Frisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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