Updated Dec 21, 2023
Greysteel Brokers Acquire Multifamily Property With 250 Units In Dallas
8613 Old Hickory Trail, Dallas, Texas 75115, United States
Units
250
Asset Type
MultiFamily
Closing
Mar 8, 2022
About this deal
AI
Greysteel has facilitated the sale of a multifamily property in Dallas. Located at 8613 Old Hickory Trail, the property features 250 units. The transaction was completed on 03/09/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 250
- Address: 8613 Old Hickory Trail
- Market: Dallas
The sale of the property was facilitated by Doug Banerjee, Jack Stone, Andrew Mueller, Daniel Hartnett, and Fisher Wells, all of whom represent Greysteel.
Traded’s record for 8613 Old Hickory Trail, Dallas, Texas 75115, United States in Dallas, Texas covers a multifamily sale from 2022. Reported inventory is 250 units across 250 units. Daniel Hartnett, Andrew Mueller, Jack Stone, Fisher Wells appear on the sale alongside Greysteel. This page is the Dallas, Texas file for the 8613 Old Hickory Trail, Dallas, Texas 75115, United States 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 8613 Old Hickory Trail, Dallas, Texas 75115, United States around 2022. Cite this Greysteel Brokers Acquire Multifamily Property With 250 Units 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