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2825 Royal Lane, Dallas, Te...

Lion Real Estate Group Sells Multifamily Property In Dallas With Broker Team Greysteel
SOLDMultiFamily

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

Doug Banerjee

Greysteel

Broker

17 deals

Broker
LG
Lion Real Estate GroupSeller

Dallas 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