Updated Dec 19, 2023
The Paskin Group Acquires 156-Unit Multifamily Property In Dallas For Sale
5769 Belt Line Rd, Dallas, TX, USA
Building Size
1,428 SF
Asset Type
MultiFamily
Closing
Jan 22, 2021
About this deal
AI
The Paskin Group, represented by Michael J. Paskin, has acquired a multifamily property located at 5769 Belt Line Rd in Dallas. The transaction, which took place on January 23, 2021, involved the purchase of a property consisting of 156 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 5769 Belt Line Rd, Dallas
- Market: Dallas
- Units: 156
The buyer, The Paskin Group, acted on behalf of Michael J. Paskin in this deal. No additional information regarding the transaction was provided.
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