facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Multifamily

/

Sale

/

901 Grange Hall Rd, Euless,...

Updated Oct 29, 2024

Weinstein Properties Acquires Property On 901 Grange Hall Rd In Euless Texas With Seller's Reps Drew Kile And Joey Tumminello
SOLDMultiFamily

Weinstein Properties Acquires Property On 901 Grange Hall Rd In Euless Texas With Seller's Reps Drew Kile And Joey Tumminello

901 Grange Hall Rd, Euless, TX, 76039

Units

200

Asset Type

MultiFamily

Closing

Oct 8, 2019

About this deal

AI

The Flats at 901 is a 200-unit apartment community located at 901 Grange Hall Rd, Euless, TX, 76039, nestled in the Euless market northeast of Fort Worth. The property features newly constructed units equipped with quartz countertops, stainless steel appliances, and individual washers and dryers. The amenities include a pool area with an outdoor kitchen, a game area, and a fitness center.

Summary of transaction details:

Institutional Property Advisors (IPA) facilitated this transaction by negotiating between the seller, The NRP Group, and the buyer, Weinstein Properties, based in Virginia. The team members involved from IPA include Will Balthrope, Drew Kile, and Joey Tumminello.

Players

Drew Kile

Institutional Property Advisors

Broker

$383.2M

vol

82 deals

Broker
WP
Weinstein PropertiesBuyer

Euless MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Visit Will Balthrope to view all their deals.

Browse Texas multifamily sales on Traded.

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

More Deals

Nearby Markets