Magma Equities Acquires 281-Unit Multifamily Property In Dallas

The multifamily property located at 17817 Coit Rd in Dallas has been sold. The transaction took place on March 14, 2022. The property comprises of 281 units and has a total area of 182,786 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: N/A
• Address: 17817 Coit Rd
• Market: Dallas
• Units: 281
• Square Feet: 182,786

The buyers of the property include Magma Equities represented by Tom Short, Ryan Hall, and Scotter Ogilvie. Taylor Hill from Institutional Property Advisors (IPA) served as the broker in the deal. Patrick Elliott from Northmarq Capital Markets acted as the mortgage broker.