Updated Jan 20, 2026
The Lake Lofts Sold In Dallas Multifamily Sale Brokered By Guillermo Gameros
2777 North Buckner Boulevard
Units
386
Asset Type
MultiFamily
Closing
Jan 5, 2026
About this deal
AI
The Lake Lofts, a multifamily asset located at 2777 North Buckner Boulevard in Dallas, consists of 386 units and was built in the 1960s. The transaction involved navigating a Fannie Mae loan assumption and included fire-damaged buildings that required demolition prior to closing.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 386
- Address: 2777 North Buckner Boulevard
- Market: Dallas
Guillermo Gameros from The Multifamily Group represented the seller in this transaction. The sale marked the largest 1960s-era multifamily deal in the DFW metroplex over the preceding 18 months.
On the Map
MultiFamily
View full map
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Dallas 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