Updated Oct 28, 2024
ZMR Capital Acquires Multifamily Property In Dallas For $Undisclosed Amount
3535 Webb Chapel Extension, Dallas, TX 75220, USA
Building Size
357,014 SF
Asset Type
MultiFamily
Closing
Nov 29, 2021
About this deal
AI
A multifamily property located at 3535 Webb Chapel Ext in Dallas has been sold in a recent transaction. The property spans across approximately 357,014 square feet and consists of 440 units. The sale took place on November 29, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 3535 Webb Chapel Ext, Dallas
- Market: Dallas
- Square Footage: 357,014
- Units: 440
ZMR Capital, represented by Zamir Kazi, acted as the buyer in this transaction. The buyer's agent was Taylor Snoddy from Northmarq.
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