ML Realty Partners Acquires Industrial Property In Dallas For 56.5K SF
3942 Irving Boulevard, Dallas, TX, USA
Building Size
56,520 SF
Asset Type
Industrial
Closing
Dec 10, 2020
AI
The property involved in this transaction is an industrial asset located at 3942 Irving Boulevard in Dallas. It spans a total of 56,520 square feet. The sale of this property was finalized on 12/11/2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Dallas
The buyer involved in this transaction is ML Realty Partners, represented by Matthew Smith. The brokers who facilitated this deal were Jeremy Mercer and Jeff Mercer from Mercer Company.
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