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15480 Dallas Parkway

IMT Capital Sells 438-Unit Multifamily Property In Dallas With Institutional Property Advisors As Brokers
SOLDMultiFamily

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

Drew Kile

Institutional Property Advisors

Broker

$383.2M

vol

81 deals

Broker
IC
IMT CapitalSeller

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