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3010 West Jefferson Boulevard

CT GTRF Jefferson Investor LLC Acquires 17.29 Acres Of Land From Jefferson Grand Prairie LLC In Dallas
SOLDLand

CT GTRF Jefferson Investor LLC Acquires 17.29 Acres Of Land From Jefferson Grand Prairie LLC In Dallas

3010 West Jefferson Boulevard

Building Size

Asset Type

Land

Closing

Oct 28, 2024

AI

17.29 acres of vacant land has been sold at 3010 West Jefferson Boulevard in the Dallas market.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: Not specified
  • Address: 3010 West Jefferson Boulevard
  • Market: Dallas
  • Buyer: CT GTRF Jefferson Investor LLC
  • Seller: Jefferson Grand Prairie LLC
  • Brokers: Krystal Peeler & Marc Peeler - NewQuest Properties
  • Acres: 17.29

Krystal Peeler and Marc Peeler facilitated the transaction, representing their firm, NewQuest Properties. Jefferson Grand Prairie LLC was the selling entity in this deal.

Players

Marc Peeler

Partners Real Estate

Broker

$10M

vol

16 deals

Broker

Dallas Land Market Snapshot

Boundary boundary · Land · 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