SOLDMultiFamily
Wellington Realty Acquires Multifamily Property In Dallas With 85 Units
3205 Crestview Drive, Dallas, TX 75235, USA
Building Size
11,470 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
AI
Located at 3205 Crestview Dr in Dallas, this multifamily property consists of 85 units. The transaction took place on 10/21/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
Wellington Realty represented both the buyer and seller in this transaction. The brokers involved in the deal were David Shaffer, Caleb Jones, and Will Miller.
Players
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