Updated Mar 11, 2025
Bridge Investment Group Acquires 712-Unit Multifamily In Dallas From Archway Equities
4200 Horizon North Parkway, Dallas, Texas 75287, United States
Units
712
Asset Type
MultiFamily
Closing
Apr 19, 2022
About this deal
AI
The multifamily property located at 4200 Horizon North Parkway & 4300 Horizon North Parkway in Dallas has been sold. The transaction took place on April 20, 2022. The property consists of 712 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
The buyer of the property is Bridge Investment Group, while Archway Equities acted as the seller. The deal was facilitated by Richard Furr, Brian Murphy, Brian O’Boyle, Jr., and Jakob Andersen from the Newmark agency.
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MultiFamily
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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