Updated Dec 19, 2023
Greysteel Brokers Acquire Multifamily Property With 264 Units In Dallas
11760 Ferguson Road, Dallas, Texas 75228, United States
Units
264
Asset Type
MultiFamily
Closing
Aug 21, 2022
About this deal
AI
A multifamily property located at 11760 Ferguson Road in Dallas has been sold. The transaction took place on 08/22/2022. The property consists of 264 units and is part of the Dallas market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 11760 Ferguson Road
- Market: Dallas
- Units: 264
The sale of this multifamily property was facilitated by the brokerage firm Greysteel. The brokers involved in the transaction were Doug Banerjee, Jack Stone, and Andrew Mueller.
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