Updated Oct 28, 2024
Seminole Tribe Of Florida Acquires Multifamily Property In Dallas
4805 McKinney Avenue, Dallas, TX 75205, USA
Building Size
136,852 SF
Asset Type
MultiFamily
Closing
Apr 28, 2021
About this deal
AI
Located at 4805 McKinney Ave in Dallas, this multifamily property was recently sold in a transaction on April 29, 2021. The property consists of 124 units, making it a lucrative investment opportunity in the Dallas market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Seller: Miramar Equity Partners - Kyle Coots & Kurt Leedy
- Buyer: Seminole Tribe of Florida
In this deal, Miramar Equity Partners represented by Kyle Coots & Kurt Leedy acted as the seller, while the Seminole Tribe of Florida served as the buyer. The involvement of these key individuals and companies adds significant value to the transaction.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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