Updated Dec 19, 2023
TruAmerica Multifamily Acquires Mesquite & Arlington Multifamily Property
901 U.S. 80, Mesquite, TX, USA
Building Size
—
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
A multifamily property located at 901 US Highway 80 East & 1901 NE Green Oaks Blvd in Mesquite and Arlington has been sold. The sale took place on 08/30/2021, and the transaction involved TruAmerica Multifamily as the buyer. The property is characterized as a multifamily asset and was acquired by TruAmerica Multifamily, represented by Ammanuel Metta.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
The key individuals involved in the deal include Ammanuel Metta, who represented TruAmerica Multifamily as their representative in the transaction.
Players
Mesquite 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