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6910 South Cockrell Hill Ro...

EB Real Estate Group Acquires Multifamily Property In Dallas From Iliad Realty Group
SOLDMultiFamily

EB Real Estate Group Acquires Multifamily Property In Dallas From Iliad Realty Group

6910 South Cockrell Hill Road, Dallas, TX, USA

Building Size

210,827 SF

Asset Type

MultiFamily

Closing

Jan 18, 2021

AI

The multifamily property located at 6910 S. Cockrell Hill Road in Dallas has been sold in a recent transaction. The sale took place on January 19, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not available
  • Address: 6910 S. Cockrell Hill Road
  • Market: Dallas

The seller of the property was Iliad Realty Group, while the buyer was EB Real Estate Group. The transaction was facilitated by brokers Thomas Burns, Jay Gunn, and William Jarnagin from Berkadia.

Players

Jay Gunn

Berkadia

Broker

$56.8M

vol

3 deals

Broker
Real Estate Group
Real Estate GroupBuyer

Dallas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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