IMT Capital Sells 438-Unit Multifamily Property In Dallas With Institutional Property Advisors As Brokers
15480 Dallas Parkway
Building Size
—
Asset Type
MultiFamily
Closing
Feb 13, 2026
AI
The transaction involves a multifamily property located at 15480 Dallas Parkway, Dallas, comprising 438 units. The asset achieved an average occupancy rate of 96% and has shown consistent rent growth.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not Disclosed
- Units: 438
- Seller: IMT Capital
- Market: Dallas
The sale was facilitated by Institutional Property Advisors, with brokers Joey Tumminello, Drew Kile, Michael Ware, Taylor Hill, Shelby Vosburg, and Jack Windham representing the seller in the transaction.
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