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3305 Dilido Road, Dallas, T...

Senior Living Investment Brokerage Acquires 170-Unit Senior Housing In Dallas
SOLDMultiFamily

Senior Living Investment Brokerage Acquires 170-Unit Senior Housing In Dallas

3305 Dilido Road, Dallas, TX 75228

Building Size

36,094 SF

Asset Type

MultiFamily

Closing

May 12, 2021

AI

The senior housing property located at 3305 Dilido Rd in Dallas has been sold. The transaction took place on May 13, 2021. The property consists of 170 units and was marketed in the Dallas market. The sale was facilitated by Bradley Clousing and Matt Alley from Senior Living Investment Brokerage.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: Not mentioned
  • Address: 3305 Dilido Rd
  • Market: Dallas
  • Units: 170

The deal was brokered by Bradley Clousing and Matt Alley from Senior Living Investment Brokerage. They were responsible for representing the buyer and seller in this transaction.

Players

Matthew Alley

Senior Living Investment Brokerage

Broker

$18M

vol

8 deals

Broker

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