Updated Oct 28, 2024
180 Multifamily Properties Acquires 224-Unit Multifamily Property In Arlington From ZMR Capital
834 Timberlake Drive, Arlington, Texas 76010, United States
Units
224
Asset Type
MultiFamily
Closing
Jul 20, 2022
About this deal
AI
The multifamily property located at 834 Timberlake Drive in Arlington has been sold in a recent transaction. The property consists of 224 units, making it an attractive investment opportunity in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Date: 07/21/2022
- Market: Arlington
- Units: 224
180 Multifamily Properties has acquired the property from ZMR Capital, represented by Zamir Kazi. The exact transaction amount was not disclosed in the available information.
Traded’s record for 834 Timberlake Drive, Arlington, Texas 76010, United States in Arlington, Texas covers a multifamily sale from 2022. Reported inventory is 224 units across 224 units. This page is the Arlington, Texas file for the 834 Timberlake Drive, Arlington, Texas 76010, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Arlington sit in the Market section below. Filter that Arlington multifamily set by closing date to see what else sold near 834 Timberlake Drive, Arlington, Texas 76010, United States around 2022. Cite this 180 Multifamily Properties Acquires 224-Unit Multifamily Property In Arlington From ZMR Capital sale when underwriting similar multifamily product around Arlington, Texas.
Players
Arlington MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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