Updated Dec 21, 2023
Doug Banerjee, Andrew Mueller & Jack Stone Of Greysteel Broker The Sale Of 293-Unit Multifamily Property In Dallas At 7510 E. Grand Avenue
7510 East Grand Avenue, Dallas, TX 75214
Building Size
122,100 SF
Asset Type
MultiFamily
Closing
Dec 31, 2021
About this deal
AI
Located at 7510 E. Grand Avenue in Dallas, this multifamily property was recently sold. The transaction took place on 12/31/2021, with a total of 293 units included in the sale.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: Not specified
The sale of this property was facilitated by the real estate brokers Doug Banerjee, Andrew Mueller, and Jack Stone from Greysteel.
Traded’s record for 7510 East Grand Avenue, Dallas, TX 75214 in Dallas, Texas covers a multifamily sale from 2021. Reported inventory is 122,100 square feet across 293 units, or about 0 per square foot. Andrew Mueller, Jack Stone, Doug Banerjee, Greysteel appear on the sale alongside Greysteel. This page is the Dallas, Texas file for the 7510 East Grand Avenue, Dallas, TX 75214 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 7510 East Grand Avenue, Dallas, TX 75214 around 2021. Cite this Doug Banerjee, Andrew Mueller & Jack Stone Of Greysteel Broker The Sale Of 293-Unit Multifamily Property In Dallas At 7510 E. Grand Avenue sale when underwriting similar multifamily product around Dallas, Texas.
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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