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Marcus & Millichap Sells 130-Unit Multifamily Properties In Dallas
SOLD
Texas
See Similar DealsMultiFamily
Sold 01/18/2024
SOLD
Marcus & Millichap Sells 130-Unit Multifamily Properties In Dallas
2015 North Garrett Avenue & 2315 Moser Avenue
See Similar DealsMultiFamily
Sold 01/18/2024
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
Marcus & Millichap has sold Garrett Gardens and Moser Gardens in a closed transaction in Dallas. The properties, totaling 130 units, were marketed by Al Silva and Ford Braly. The new owner plans to renovate the properties located in the East Henderson/Lower Greenville submarket.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 130
- Address: 2015 North Garrett Avenue & 2315 Moser Avenue
- Market: Dallas
Al Silva and Ford Braly from Marcus & Millichap represented the sellers and buyers in this transaction, facilitating the successful sale of Garrett Gardens and Moser Gardens.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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