Updated Sep 11, 2026
ClearWorth Capital Acquires 202-Unit Multifamily In Richardson, TX From RealSource Management With CBRE Brokers
800 Custer Road
Building Size
219,466 SF
Asset Type
MultiFamily
Closing
Oct 6, 2022
About this deal
AI
ClearWorth Capital has recently acquired a multifamily property located at 800 Custer Rd in Richardson, TX. The property consists of 202 units with a total area of 219,466 square feet. The transaction took place on 10/06/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not provided in the CONTEXT
- Address: 800 Custer Rd, Richardson, TX
- Market: Richardson, TX
- Units: 202
- Square Footage: 219,466
The seller of this property is RealSource Management. The buyer, ClearWorth Capital, successfully closed the deal with the assistance of CBRE brokers Chris Deuillet, William Hubbard, and Jaxx Davies. These brokers represented ClearWorth Capital throughout the transaction.
Players
Richardson 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