Nataliya Mehta Acquires Multifamily Property In Dallas From Teruo Suenaga
SOLD
$1,035,100
Texas
See Similar DealsMultiFamily5,010 SF
Sold 02/07/2023
SOLD
Nataliya Mehta Acquires Multifamily Property In Dallas From Teruo Suenaga
5905 Lewis Street
See Similar DealsMultiFamily5,010 SF
Sold 02/07/2023
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$206
Total Square Footage:5,010 SF
Transaction Type:Sale
Nataliya Mehta has purchased a multifamily property located at 5905 Lewis Street in Dallas. The property spans 5,010 square feet and was sold for a total price of $1,035,100, resulting in a price per square foot of $207.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,035,100
- Square Feet: 5,010
- Price per Square Foot: $207
- Buyer: Nataliya Mehta
- Seller: Teruo Suenaga
Nataliya Mehta's acquisition of the property is a significant real estate deal in the Dallas market. The transaction highlights her interest in investing in the multifamily sector and showcases her role as a proactive buyer in the market.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$55,205.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,677.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,906.90
Annual Debt Service$58,882.83
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