Updated Oct 29, 2024
Sam Maverick Apartments Sells Multifamily Property In Arlington's Tarrant County With Broker Wellington Realty
711 Grand Court
Building Size
28,336 SF
Asset Type
MultiFamily
Closing
Jun 4, 2020
About this deal
AI
Sam Maverick Apartments in Arlington, Tarrant County, has been sold in a recent transaction. The multifamily property, located at 711 Grand Ct., was sold on 06/05/20. The sale of this property was facilitated by Wellington Realty, with David Shaffer, Caleb Jones, Will Miller, and William Hubbard representing the seller. The property offers potential for investment in the growing Arlington market.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 711 Grand Ct., Arlington
- Market: Tarrant County
The sale of Sam Maverick Apartments was successfully completed by Wellington Realty, with brokers David Shaffer, Caleb Jones, Will Miller, and William Hubbard representing the seller. This transaction adds to the real estate activity in the Arlington market, demonstrating the ongoing demand for multifamily properties in Tarrant County.
On the Map
MultiFamily
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Arlington 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