Updated Dec 2, 2024
Weidner Apartment Homes Acquires 377-unit Multifamily Property On Victory Ave In Dallas From Greystar Worldwide
2425 Victory Avenue, Dallas, TX 75219, USA
Building Size
81,249 SF
Asset Type
MultiFamily
Closing
Jun 18, 2020
About this deal
AI
The multifamily property located at 2425 Victory Ave in Dallas has been sold. The property spans over an area of 3.88 acres and consists of 377 units. The transaction took place on June 18, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 377
- Acres: 3.88
The seller of the property was Greystar Worldwide, while the buyer was Weidner Apartment Homes, represented by Jack O'Connor.
Traded’s record for 2425 Victory Avenue, Dallas, TX 75219, USA in Dallas, Texas covers a multifamily sale from 2020. Reported inventory is 81,249 square feet across 377 units, or about 0 per square foot. This page is the Dallas, Texas file for the 2425 Victory Avenue, Dallas, TX 75219, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Dallas sit in the Market section below. Filter that Dallas multifamily set by closing date to see what else sold near 2425 Victory Avenue, Dallas, TX 75219, USA around 2020. Cite this Weidner Apartment Homes Acquires 377-unit Multifamily Property On Victory Ave In Dallas From Greystar Worldwide sale when underwriting similar multifamily product around Dallas, Texas.
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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