Updated May 12, 2025
Vicente Moctezuma Purchases Multifamily Property From John Olson For $985,000 In Dallas
4101 Holland Avenue
$985,000
$348/SF
Building Size
2,824 SF
Asset Type
MultiFamily
Closing
Jun 9, 2025
About this deal
AI
This transaction involves a multifamily property located at 4101 Holland Avenue in Dallas. The asset has a sale price of $985,000 and consists of 2 units totaling 2,824 square feet, resulting in a price per unit of $492,500 and a price per square foot of $348.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $985,000
- Buyer: Vicente Moctezuma
- Seller: John Olson
- Broker: Johnathan Rockwell - EXP Realty
- Units: 2
- Square Footage: 2,824
- Price per Unit: $492,500
- Price per Square Foot: $348
Johnathan Rockwell, representing the broker agency EXP Realty, has noted that the property is under contract to yield four luxury townhomes by 2026, with its strategic location near Highland Park and Turtle Creek enhancing its investment appeal. The broker invites investors seeking a 30% ROI in as little as 12 months to reach out, highlighting ongoing developments in the area.
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
16.10%
Cash-on-Cash
-4.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93