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3410 Fordham Rd, Dallas, TX...

Updated Dec 21, 2023

Colliers International Sells 138-Unit Multifamily Property On Fordham Road In Dallas
SOLDMultiFamily

Colliers International Sells 138-Unit Multifamily Property On Fordham Road In Dallas

3410 Fordham Rd, Dallas, TX 75216, Estados Unidos

Building Size

50,330 SF

Asset Type

MultiFamily

Closing

Sep 24, 2020

About this deal

AI

This multifamily property at 3410 Fordham Road in Dallas was recently sold. The transaction took place on September 25, 2020. The property was listed by Colliers International brokers Mark Allen & Courtland Charles.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Market: Dallas
  • Units: 138

The sale of this multifamily property on Fordham Road involved a total of 138 units. The brokers responsible for facilitating the transaction were Mark Allen and Courtland Charles from Colliers International.

Players

Courtland Charles

Colliers

Broker

3 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

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