Capital Boutiq & Trinity Investors Acquire 309-Unit Multifamily Property In Dallas
10911 Woodmeadow Parkway, Dallas, Texas 75228, United States
Building Size
207,084 SF
Asset Type
MultiFamily
Closing
Jul 26, 2022
AI
An undisclosed multifamily property located at 10911 Woodmeadow Pkwy in Dallas has been sold in a recent transaction. The property consists of 309 units and was acquired by Capital Boutiq & Trinity Investors from Oro Capital Advisors LLC. The deal was facilitated by David Fersing, Nick Fluellen, and Bard Hoover, who represented both the buyer and the seller, working for Marcus & Millichap.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 309
David Fersing, Nick Fluellen, and Bard Hoover, brokers from Marcus & Millichap, played a crucial role in this transaction. The property's exact transaction amount has not been disclosed.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · 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