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:
- Property Type: MultiFamily
- Transaction Amount: Not mentioned
- Units: 158
- Address: 4020 Mcewen Road
- Market: Dallas
- Brokerage: Institutional Property Advisors
- Brokers Involved: Taylor Hill, Drew Kile, Joey Tumminello, Michael Ware & Jack Windham
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
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