Greysteel Brokers Acquire Multifamily Property With 250 Units In Dallas
8613 Old Hickory Trail, Dallas, Texas 75115, United States
Building Size
—
Asset Type
MultiFamily
Closing
Mar 8, 2022
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.
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