Triad Real Estate Partners And Worldwide Commercial Acquire Multifamily Property In Dallas With 419 Units On McCallum Blvd
7740 Mccallum Boulevard, Dallas, Texas 75252, United States
Building Size
—
Asset Type
MultiFamily
Closing
Nov 21, 2022
AI
A multifamily property located at 7740-7777 McCallum Blvd in Dallas, Texas has recently been sold. The transaction took place on 11/21/2022, with a total of 419 units included in the sale. Ryan Tobias and Sean Lyons from Triad Real Estate Partners and Worldwide Commercial acted as the brokers in the deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 7740-7777 McCallum Blvd, Dallas, Texas
- Market: Dallas
- Units: 419
Ryan Tobias and Sean Lyons from Triad Real Estate Partners and Worldwide Commercial played a crucial role as the brokers in this transaction. Their expertise and deal representation contributed to the successful sale of this multifamily property.
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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