Updated Oct 29, 2024
Waypoint Real Estate Acquires 422-Unit Multifamily Property In Dallas
8250 Meadow Road, Dallas, TX, USA
Building Size
1,476 SF
Asset Type
MultiFamily
Closing
Dec 10, 2020
About this deal
AI
The multifamily property located at 8250 Meadow Road in Dallas has been sold in a recent transaction. The property consists of 422 units and was sold on December 11, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 12/11/2020
- Address: 8250 Meadow Road
- Market: Dallas
- Units: 422
The seller of the property was Hanover Co., while the buyer was Waypoint Real Estate represented by Scott Lawlor. The transaction was facilitated by the brokerage firm Marcus & Millichap.
Traded’s record for 8250 Meadow Road, Dallas, TX, USA in Dallas, Texas covers a multifamily sale from 2020. Reported inventory is 1,476 square feet across 422 units, or about 0 per square foot. Named participants on the 8250 Meadow Road, Dallas, TX, USA sale are Scott Lawlor. This page is the Dallas, Texas file for the 8250 Meadow Road, 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 8250 Meadow Road, Dallas, TX, USA around 2020. Cite this Waypoint Real Estate Acquires 422-Unit Multifamily Property In Dallas 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