Updated Oct 29, 2024
180 Multifamily Properties Acquires 208-Unit Multifamily Asset In Dallas
2501 Webb Chapel Ext, Dallas, TX, USA
Building Size
84,577 SF
Asset Type
MultiFamily
Closing
Feb 15, 2021
About this deal
AI
The multifamily property located at 2501 Webb Chapel Ext in Dallas has been sold in a recent transaction. The property consists of 208 units and is situated in the Dallas market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 02/16/2021
- Address: 2501 Webb Chapel Ext
- Market: Dallas
- Units: 208
The buyer of the property is 180 Multifamily Properties. The deal was facilitated by Bard Hoover and Wes Racht from Marcus & Millichap, serving as the brokers representing the buyer.
Players
Dallas 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