Colliers Brokers Sale Of 180-Unit Multifamily Property At 2010 Estrada Parkway In Irving
2010 Estrada Parkway
Building Size
—
Asset Type
MultiFamily
Closing
Sep 24, 2025
AI
The transaction involved the sale of a 180-unit multifamily property located at 2010 Estrada Parkway in Irving, Texas. Built in 1980, the property has maintained a high occupancy rate of 97% and presents value-add potential through upgrades, indicating strong investor interest in the Dallas-Fort Worth market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Units: 180
- Address: 2010 Estrada Parkway
- Market: Irving
- brokers: Mark Allen & Jared Rice - Colliers
Mark Allen and Jared Rice from Colliers represented the brokerage side of the transaction for the sale of the Rolling Hills property, highlighting their role in facilitating the deal within a competitive real estate market.
Players
Irving 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