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10911 Woodmeadow Parkway, D...

Capital Boutiq & Trinity Investors Acquire 309-Unit Multifamily Property In Dallas
SOLDMultiFamily

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

Nick Fluellen

Marcus & Millichap

Broker

$8.5M

vol

38 deals

Broker
TI
Trinity InvestorsBuyer

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