The Multifamily Group Acquires 171-Unit Multifamily Property In Waco For $Undisclosed
901 Wooded Acres Drive, Waco, Texas 76710, United States
Building Size
—
Asset Type
MultiFamily
Closing
Jul 27, 2022
AI
The multifamily property located at 901 Wooded Acres Dr in Waco, Texas has been sold. The transaction took place on July 28, 2022. The property consists of 171 units and is situated in the Waco market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 171
The sale of the property was facilitated by brokers Paul Yazbeck and Jon Krebbs from The Multifamily Group. They represented the parties involved in the deal.
Players
Waco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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