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8025 Ohio Drive, Plano, Tex...

Updated Dec 18, 2023

Waterton Acquires Multifamily Property In Plano With Jeremy Stern As Buyer's Rep
SOLDMultiFamily

Waterton Acquires Multifamily Property In Plano With Jeremy Stern As Buyer's Rep

8025 Ohio Drive, Plano, Texas 75024, United States

Building Size

Asset Type

MultiFamily

Closing

Aug 9, 2022

About this deal

AI

The multifamily property located at 8025 Ohio Dr in Plano was recently sold. The transaction took place on 08/10/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Market: Plano
  • Address: 8025 Ohio Dr
  • Asset Type: Multifamily
  • Acres: 24

Waterton, represented by Jeremy Stern, acquired the property. Further details about the buyer or any additional parties involved in the transaction are not available.

Traded’s record for 8025 Ohio Drive, Plano, Texas 75024, United States in Plano, Texas covers a multifamily sale from 2022. 8025 Ohio Drive, Plano, Texas 75024, United States is classified as Multifamily on Traded. This page is the Plano, Texas file for the 8025 Ohio Drive, Plano, Texas 75024, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Plano sit in the Market section below. Filter that Plano multifamily set by closing date to see what else sold near 8025 Ohio Drive, Plano, Texas 75024, United States around 2022. Cite this Waterton Acquires Multifamily Property In Plano With Jeremy Stern As Buyer's Rep sale when underwriting similar multifamily product around Plano, Texas.

Players

Plano 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

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