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2505 Farrington Street, Dal...

Monitpora, LLC Acquires Industrial Property In Dallas
SOLDIndustrial

Monitpora, LLC Acquires Industrial Property In Dallas

2505 Farrington Street, Dallas, TX 75207, USA

Building Size

15,260 SF

Asset Type

Industrial

Closing

Jun 29, 2020

AI

The industrial property located at 2505 Farrington Street in Dallas has been sold. The transaction took place on June 30, 2020. The property spans a total area of 15,260 square feet. The buyer of the property is Monitpora, LLC.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 2505 Farrington Street, Dallas
  • Market: Dallas

The sale of the property was facilitated by Hanes Chatham from Stream Realty Partners, who represented the buyer, Monitpora, LLC, in the deal.

Players

Hanes Chatham

Partners Real Estate

Broker

5 deals

Broker
Stream Realty Partners⁠
Stream Realty Partners⁠Brokerage

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