Lion Real Estate Group Sells Multifamily Property In Dallas With Broker Team Greysteel
2825 Royal Lane, Dallas, Texas 75229, United States
Building Size
—
Asset Type
MultiFamily
Closing
May 24, 2022
AI
The multifamily property located at 2825 Royal Ln in Dallas has been sold. The transaction took place on 05/25/2022 and involved a total of 172 units. The property is owned by Lion Real Estate Group and was sold through the representation of Doug Banerjee, Jack Stone, and Andrew Mueller from Greysteel.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 172
The sale of the property at 2825 Royal Ln was facilitated by the brokers Doug Banerjee, Jack Stone, and Andrew Mueller from Greysteel. Lion Real Estate Group served as the seller in this transaction.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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