Elwood Oaks Sells Multifamily Property On North Nursery Road In Dallas Market
721 North Nursery Road, Irving, TX 75061, USA
Building Size
—
Asset Type
MultiFamily
Closing
Jun 3, 1920
AI
The recently closed property transaction in Irving involved a multifamily asset located at 721 North Nursery Road. The sale took place on 06/04/20 and was facilitated by the seller, Elwood Oaks.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 721 North Nursery Road
- City: Dallas
- Market: Irving
The transaction was handled by the brokerage firm Marcus & Millichap. The deal was represented by Nick Fluellen, Bard Hoover, and Matt Aslan from Marcus & Millichap.
Players
Irving MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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