facebook
Traded Co logo
Submit
Daily limit: 0/10

Knightvest Capital Acquires 398-Unit Dorian Apartments In Plano, Texas

Property Image
SOLD

Texas

See Similar Deals
MultiFamily
Sold 01/17/2024
the dealplayerscompscontact
Property Image
SOLD

Knightvest Capital Acquires 398-Unit Dorian Apartments In Plano, Texas

8401 Memorial Lane

See Similar Deals
MultiFamily
Sold 01/17/2024
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

Knightvest Capital, represented by David Moore, has acquired the Dorian Apartments located at 8401 Memorial Lane in Plano, Texas. The multifamily property consists of 398 units and was built in 2008. The strategic location of the property spans across several areas in the Dallas-Fort Worth (DFW) region, including Plano, Frisco, McKinney, and Allen.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not mentioned
  • Units: 398
  • Market: Plano

This acquisition aligns with Knightvest Capital's vision of transforming institutional-quality assets into design-driven residential communities. With the addition of the Dorian Apartments, Knightvest Capital expands its portfolio in the Legacy area of DFW, capitalizing on the potential of the thriving real estate market in the region.

Players

David Moore
14 deals$274.2M volume
BUYER

Details

SOLD
IMAGE: David Moore DATE: 01/17/2024 ADDRESS: 8401 Memorial Lane MARKET: Plano ASSET TYPE: Multifamily ~ UNITS: 398 BUYER: David Moore - Knightvest Capital NOTE: Knightvest Capital has acquired the Dorian Apartments, a 398-unit community in the Legacy area of DFW, built in 2008. The strategically located property spans Plano, Frisco, McKinney, and Allen, aligning with Knightvest's vision of transforming institutional-quality assets into design-driven residential communities.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00