Updated Dec 21, 2023
Origin Investments & StoneHawk Capital Partners Acquire Multifamily Property In Dallas
1718 South Good-Latimer Expressway, Dallas, Texas 75226, United States
Building Size
37,220 SF
Asset Type
MultiFamily
Closing
Feb 20, 2022
About this deal
AI
In a recent transaction, a multifamily property located at 1718 S. Good Latimer Expressway in Dallas was sold. The property spans across approximately 3 acres and was part of a sale in February 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1718 S. Good Latimer Expressway, Dallas
- Market: Dallas
- Size: Approximately 3 acres
The buyer of the property was Origin Investments, represented by Michael Episcope and David Scherer, along with StoneHawk Capital Partners, represented by Zach Sherwood and Brian Woidneck.
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