Updated Dec 21, 2023
Sentinel Real Estate Corporation Acquires Multifamily Property In Dallas
1407 Main Street, Dallas, Texas 75202, United States
Building Size
15,444 SF
Asset Type
MultiFamily
Closing
Mar 13, 2022
About this deal
AI
The multifamily property located at 1407 Main St in Dallas has been sold. The property consists of 164 units and was sold on March 14, 2022. The transaction was facilitated by Sentinel Real Estate Corporation, represented by Michael Streicker.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1407 Main St, Dallas
- Market: Dallas
- Units: 164
Michael Streicker from Sentinel Real Estate Corporation was the buyer in this transaction. The sale was completed on March 14, 2022, and the property is located at 1407 Main St in Dallas. The buyer's representative, Michael Streicker, played a key role in facilitating the deal.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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