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4020 Mcewen Road

Institutional Property Advisors Represents Seller In Sale Of 158-Unit Multifamily Property In Dallas
SOLDMultiFamily

Institutional Property Advisors Represents Seller In Sale Of 158-Unit Multifamily Property In Dallas

4020 Mcewen Road

Building Size

Asset Type

MultiFamily

Closing

Oct 20, 2025

AI

A 158-unit multifamily property located at 4020 Mcewen Road, Dallas, was sold. The property, known as Midway Row House, includes 107 townhome-style units and 51 flats. It was constructed in 2023 and is situated near the Dallas North Tollway and I-635.

Summary of transaction details:

The sale was arranged by Institutional Property Advisors, a division of Marcus & Millichap, who represented the seller and secured the buyer for the asset.

Players

Drew Kile

Institutional Property Advisors

Broker

$383.2M

vol

82 deals

Broker
Institutional Property Advisors
Institutional Property AdvisorsBrokerage

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