facebook
Traded Co logo
Submit
Daily limit: 0/10

SPI Advisory Acquires 266-Unit Main Street Lofts In Mansfield From Realty Capital Residential

Property Image
SOLD

Texas

See Similar Deals
MultiFamily
Sold 12/19/2023
the dealplayerscompscontact
Property Image
SOLD

SPI Advisory Acquires 266-Unit Main Street Lofts In Mansfield From Realty Capital Residential

715 North Main Street

See Similar Deals
MultiFamily
Sold 12/19/2023
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

SPI Advisory has acquired the 266-unit Main Street Lofts in Mansfield, Texas, from Realty Capital Residential. The property, located at 715 North Main Street, was built last year and features various unit sizes. Amenities at Main Street Lofts include a pool and fitness center.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 266
  • Buyer: SPI Advisory - Michael Becker
  • Seller: Realty Capital Residential - Alexander Brown
  • Broker: Cushman & Wakefield

SPI Advisory, represented by Michael Becker, purchased the Main Street Lofts from Realty Capital Residential, represented by Alexander Brown, in a deal facilitated by Cushman & Wakefield.

Players

Michael Becker
SPI Advisory
Michael Becker
7 deals
BUYER
RR
Realty Capital Residential
SELLER

Details

SOLD
IMAGE: Michael Becker & Alexander Brown DATE: 12/19/2023 ADDRESS: 715 North Main Street MARKET: Mansfield ASSET TYPE: Multifamily ~ UNITS: 266 BUYER: SPI Advisory (@SPIAdvisory) - Michael Becker SELLER: Realty Capital Residential (@RealtyCapitalResidential) - Alexander Brown BROKER: Cushman & Wakefield (@CushWake) NOTE: SPI Advisory has acquired the 266-unit Main Street Lofts in Mansfield, Texas, from Realty Capital Residential. The property, built last year, features various unit sizes and amenities such as a pool and fitness center.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00