Updated Dec 19, 2023
American Landmark Apartments Acquires 510-Unit Multifamily Property In Euless & Garland
880 West Euless Boulevard, Euless, TX, USA
Units
510
Asset Type
MultiFamily
Closing
Jun 17, 2020
About this deal
AI
A multifamily property located at 880 W Euless Park & 6310 Naaman Forest Boulevard in Euless & Garland has been sold. The transaction took place on June 17, 2021. The property consists of 510 units and is owned by American Landmark Apartments.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 880 W Euless Park & 6310 Naaman Forest Boulevard
- Market: Euless & Garland
- Units: 510
American Landmark Apartments, represented by Christine DeFilippis, acquired the property.
Traded’s record for 880 West Euless Boulevard, Euless, TX, USA in Euless, Texas covers a multifamily sale from 2020. Reported inventory is 510 units across 510 units. This page is the Euless, Texas file for the 880 West Euless Boulevard, Euless, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Euless sit in the Market section below. Filter that Euless multifamily set by closing date to see what else sold near 880 West Euless Boulevard, Euless, TX, USA around 2020. Cite this American Landmark Apartments Acquires 510-Unit Multifamily Property In Euless & Garland sale when underwriting similar multifamily product around Euless, Texas.
Players
Euless 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