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David Cohen Of Karlin Real Estate Acquires 299-Unit Multifamily Property In Dallas
SOLD
Texas
See Similar DealsMultiFamily
Sold
SOLD
David Cohen Of Karlin Real Estate Acquires 299-Unit Multifamily Property In Dallas
2728 Cedar Springs
See Similar DealsMultiFamily
Sold
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The Brady is a 299-unit luxury apartment community situated at 2728 Cedar Springs Road in Uptown Dallas. The transaction involved the sale of this multifamily asset in the Dallas market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not specified
- Address: 2728 Cedar Springs
- Market: Dallas
- Units: 299
- Buyer: David Cohen - Karlin Real Estate
- Broker Representatives: Patton Jones, Andrew Dickson, Brian O’Boyle Jr & Brian Murphy - Newmark
- Mortgage Brokers: Jonathan Firestone, Blake Thompson & Travis Bailey - Newmark
Karlin Real Estate acquired the asset with plans for a value-add renovation program. Newmark represented the seller in this transaction and also arranged acquisition financing for the buyer.
Players
BROKERAGE
BUYER
Details
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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