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11600 Audelia Road

Baron Davis Acquires Multifamily Property In Dallas Through ATX Acquisitions
SOLDMultiFamily

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

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.

Players

David Austin

JLL

Broker

4 deals

Broker

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