facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Texas

/

Multifamily

/

Sale

/

2626 Reagan Street, Dallas,...

Updated Oct 29, 2024

Shaun Dickerson, Brent Heath, John Burnham, Michael Levy, Bob McClain, & Kev Valach Acquires 363-Unit Multifamily Property In Dallas From Cypress Real Estate Advisors
SOLDMultiFamily

Shaun Dickerson, Brent Heath, John Burnham, Michael Levy, Bob McClain, & Kev Valach Acquires 363-Unit Multifamily Property In Dallas From Cypress Real Estate Advisors

2626 Reagan Street, Dallas, TX, USA

Building Size

231,704 SF

Asset Type

MultiFamily

Closing

Mar 1, 2021

About this deal

AI

The multifamily property located at 2626 Reagan Street in Dallas has been sold in a recent transaction. The property consists of 363 units and was acquired by a group of buyers represented by Shaun Dickerson, Brent Heath, John Burnham, Michael Levy, Bob McClain, and Kev Valach. The sale took place on March 2, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 2626 Reagan Street
  • Market: Dallas
  • Units: 363

The sellers of the property were Cypress Real Estate Advisors. The purchase was made by Shaun Dickerson, Brent Heath, John Burnham, Michael Levy, Bob McClain, and Kev Valach, who were represented by Crow Holdings in the deal.

Players

Cypress Real Estate Advisors
Cypress Real Estate AdvisorsSeller

Dallas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

Browse Texas multifamily sales on Traded.

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

More Deals

Nearby Markets