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Dallas Partnership Purchases Fountains Of Jupiter Apartments Multifamily Property With Financing From Marcus & Millichap

Property Image
SOLD
Brandon Brown
Ford Braly
Al Silva

Texas

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MultiFamily
Sold 01/03/2025
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Property Image
SOLD

Dallas Partnership Purchases Fountains Of Jupiter Apartments Multifamily Property With Financing From Marcus & Millichap

12993 South Jupiter Road

See Similar Deals
MultiFamily
Sold 01/03/2025
Brandon Brown
Ford Braly
Al Silva
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in the transaction is the Fountains of Jupiter Apartments, which consists of 108 units located at 12993 Jupiter Road in Dallas, Texas. The asset is positioned within the multifamily sector of the real estate market.

Summary of transaction details:

The sale was brokered by Marcus & Millichap, where a buyer was secured through 24 property tours and received nine offers. The Dallas-based partnership financing was achieved through a 7-year agency loan, which included a 3-year interest-only period, allowing for future interior upgrades and enhanced property management.

Players

Al Silva
Marcus & Millichap
Al Silva
37 deals$589.6M volume
BROKER
Ford Braly
Marcus & Millichap
Ford Braly
29 deals$589.6M volume
BROKER
Brandon Brown
Marcus & Millichap
Brandon Brown
5 deals$56.2M volume
BROKER

Details

SOLD
IMAGE: Al Silva, Ford Braly & Brandon Brown DATE: 01/03/2025 ADDRESS: 12993 Jupiter Road MARKET: Dallas ASSET TYPE: Multifamily ~ UNITS: 108 BROKERS: Al Silva (@AlmostGuarantee) & Ford Braly (@FordBraly) - Marcus & Millichap (@MarcusMillichapInc) MORTGAGE BROKER: Brandon Brown - Marcus & Millichap Capital Corporation (@MMCapCorp) NOTE: Marcus & Millichap brokered the sale of Fountains of Jupiter Apartments, a 108-unit property in Dallas, Texas, with a buyer secured through 24 tours and nine offers. The property, purchased by a Dallas-based partnership, was financed with a 7-year agency loan featuring a 3-year interest-only period, with plans for interior upgrades and improved property management. Corporation

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