Updated Dec 4, 2024
Baron Davis Acquires Multifamily Property In Dallas Through ATX Acquisitions
11600 Audelia Road
Building Size
200,352 SF
Asset Type
MultiFamily
Closing
Apr 3, 2024
About this deal
AI
Located at 11600 Audelia Road in Dallas, the recently sold multifamily property boasts 216 units within a 200,352 square foot building.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Buyer: Baron Davis - ATX Acquisitions
- Seller: Not disclosed
- Broker: David Austin - JLL
Baron Davis of ATX Acquisitions served as the buyer in this transaction, represented by David Austin from JLL. The deal, which took place on 04/03/2024, involved the purchase of the multifamily property in Dallas.
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MultiFamily
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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