Updated Feb 12, 2024
The Houston REIT Acquires Multifamily Property In Dallas With 876 Units
6010 Milton Street, Dallas, TX, USA
Building Size
333,319 SF
Asset Type
MultiFamily
Closing
Oct 26, 2021
About this deal
AI
The sale of a multifamily property in Dallas has been completed. The property, located at 6010 Milton St & 5065 Amesbury Dr, consists of 876 units. The transaction took place on 10/26/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not provided
The buyer of the property is The Houston REIT.
Traded’s record for 6010 Milton Street, Dallas, TX, USA in Dallas, Texas covers a multifamily sale from 2021. Reported inventory is 333,319 square feet across 876 units, or about 0 per square foot. This page is the Dallas, Texas file for the 6010 Milton Street, Dallas, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Dallas sit in the Market section below. Filter that Dallas multifamily set by closing date to see what else sold near 6010 Milton Street, Dallas, TX, USA around 2021. Cite this The Houston REIT Acquires Multifamily Property In Dallas With 876 Units sale when underwriting similar multifamily product around Dallas, Texas.
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