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3227 McKinney Ave, Dallas, ...

Updated Oct 28, 2024

Kor Group Acquires Multifamily Property In Dallas
SOLDMultiFamily

Kor Group Acquires Multifamily Property In Dallas

3227 McKinney Ave, Dallas, TX, USA

Building Size

1,489 SF

Asset Type

MultiFamily

Closing

Jul 19, 2021

About this deal

AI

Located at 3227 McKinney Ave in Dallas, this multifamily property was recently sold in a closed transaction. The sale took place on July 20, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not mentioned
  • Address: 3227 McKinney Ave, Dallas
  • Market: Dallas

The buyer of the property is the Kor Group, represented by Brad Korzen. The brokerage services for this transaction were provided by JLL.

Traded’s record for 3227 McKinney Ave, Dallas, TX, USA in Dallas, Texas covers a multifamily sale from 2021. The building is 1,489 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 3227 McKinney Ave, Dallas, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Dallas sit in the Market section below. Filter that Dallas multifamily set by closing date to see what else sold near 3227 McKinney Ave, Dallas, TX, USA around 2021. Cite this Kor Group Acquires Multifamily Property In Dallas sale when underwriting similar multifamily product around Dallas, Texas.

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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

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