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7878 Marvin D. Love Fwy, Da...

Updated Dec 21, 2023

Bellevue Living Acquires Multifamily Portfolio In Dallas, Fort Worth & Mesquite
SOLDMultiFamily

Bellevue Living Acquires Multifamily Portfolio In Dallas, Fort Worth & Mesquite

7878 Marvin D. Love Fwy, Dallas, TX, USA

Units

1,319

Asset Type

MultiFamily

Closing

Dec 2, 2021

About this deal

AI

The multifamily property located at 7878 Marvin D Love Fwy, 7301 Ederville Rd, 9200 N Normandale St, 9001 N Normandale St, and 4819 N Galloway Ave in Dallas, Fort Worth, and Mesquite has been sold. The transaction took place on 12/02/2021 and was captured in an image by Paul Panza.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Total Units: 1,319
  • Seller: Bellevue Living - Paul Panza

In this transaction, Bellevue Living, represented by Paul Panza, served as the seller of the multifamily property. No additional details were provided regarding the sale price or the market value of the property.

Players

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

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