D.R. Horton Acquires Land In Denton With Brokers David Hinson & Tom Grunnah
Vintage Blvd, Denton, TX 76226, USA
Building Size
2,308,680 SF
Asset Type
Other
Closing
Nov 30, 2020
About this deal
AI
D.R. Horton has acquired a 2,308,680 square foot land located on S. Bonnie Brae Street, east of I-35W and south of Vintage Blvd, in Denton. The transaction was closed by brokers David Hinson and Tom Grunnah of Younger Partners.
Summary of transaction details
- Property Type: Land
- Transaction Amount: Not mentioned
- Market: Denton
- Address: S. Bonnie Brae Street, east of I-35W and south of Vintage Blvd
David Hinson and Tom Grunnah of Younger Partners represented D.R. Horton in the acquisition of the land in Denton.
On the Map
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Denton Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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