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3535 Webb Chapel Extension,...

Updated Oct 28, 2024

ZMR Capital Acquires Multifamily Property In Dallas For $Undisclosed Amount
SOLDMultiFamily

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.

On the Map

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MultiFamily

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Players

Taylor Snoddy

NorthMarq

Broker

$38M

vol

30 deals

Broker

Zamir Kazi

ZMR Capital

Buyer

$622.8M

vol

10 deals

Buyer
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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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