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2800 West Pioneer Drive

Gabe Craft And Aaron Katz Acquire Multifamily Property From David Yilmaz Living Trust In Irving
SOLDMultiFamily

Gabe Craft And Aaron Katz Acquire Multifamily Property From David Yilmaz Living Trust In Irving

2800 West Pioneer Drive

Building Size

84,614 SF

Asset Type

MultiFamily

Closing

Oct 3, 2025

AI

The property asset involved in the transaction is Oak Park, a multifamily property located at 2800 West Pioneer Drive in Irving, Texas. The asset comprises 84,614 square feet and includes 105 units situated on 3.32 acres.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Square Footage: 84,614
  • Units: 105
  • Acres: 3.32
  • Buyer: Gabe Craft & Aaron Katz
  • Seller: David Yilmaz Living Trust
  • Brokers: Nick Fluellen & Bard Hoover - Marcus & Millichap

In this transaction, Bard Hoover and Nick Fluellen of Marcus & Millichap represented the seller, David Yilmaz Living Trust, while securing the buyer, Gabe Craft and Aaron Katz, for the property. The deal signifies the ongoing activity in the multifamily market within Irving.

Players

Nick Fluellen

Marcus & Millichap

Broker

$8.5M

vol

38 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Aaron Katz

Aaron Katz

Buyer

$276M

vol

5 deals

Buyer

Irving 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