SOLDMultiFamily
Greysteel Represents Sale Of 67-Unit Multifamily Property In Dallas
2544 Hondo Avenue, Dallas, Texas 75219, United States
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
A multifamily property consisting of 67 units located at 2544 Hondo Avenue in Dallas has been sold. The transaction was facilitated by Doug Banerjee of Greysteel.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not available
- Market: Dallas
- Date: 06/07/2022
The property at 2544 Hondo Avenue in Dallas, consisting of 67 units, has recently been sold. The transaction was brokered by Doug Banerjee from Greysteel.
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