Davidson Bogel Real Estate Acquires Industrial Property In Design District, Dallas For $3M
2236 Vantage Street, Dallas, Texas 75207, United States
Building Size
14,000 SF
Asset Type
Industrial
Closing
Feb 28, 2022
AI
An industrial property located at 2236 Vantage St in the Design District of Dallas has been sold in a recent transaction. The property spans approximately 14,000 square feet and was sold for a price of $3,000,000. The sale was facilitated by Keaton Duhon and Grant Lake, representing Davidson Bogel Real Estate.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Date: 03/01/2022
- Address: 2236 Vantage St, Design District, Dallas
- Market: Design District, Dallas
- Asset Type: Industrial
- Square Footage: 14,000
- Seller's Rep: Keaton Duhon & Grant Lake - Davidson Bogel Real Estate
- Asking Price: $3,000,000
Davidson Bogel Real Estate (DB2RE) is a boutique land investment advisory group and brokerage firm based in the Dallas-Fort Worth Metroplex. Founded by David Davidson, Jr. and Edward Bogel in 2015, the firm specializes in client service and focuses on land investment and development in Texas and Oklahoma.
Players
Dallas Industrial Market Snapshot
Boundary boundary · Industrial · 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