Updated Dec 21, 2023
Greysteel Represents Sale Of 67-Unit Multifamily Property In Dallas
2544 Hondo Avenue, Dallas, Texas 75219, United States
Units
67
Asset Type
MultiFamily
Closing
Jun 6, 2022
About this deal
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.
Traded’s record for 2544 Hondo Avenue, Dallas, Texas 75219, United States in Dallas, Texas covers a multifamily sale from 2022. Reported inventory is 67 units across 67 units. Doug Banerjee, Greysteel appear on the sale alongside Greysteel. This page is the Dallas, Texas file for the 2544 Hondo Avenue, Dallas, Texas 75219, United States 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 2544 Hondo Avenue, Dallas, Texas 75219, United States around 2022. Cite this Greysteel Represents Sale Of 67-Unit Multifamily Property In Dallas sale when underwriting similar multifamily product around Dallas, Texas.
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MultiFamily
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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