Jeffrey Moghavem & Sean Moghavem Of Archway Equities Acquire 373-Unit Infinity On The Mark In Dallas
9010 Markville Drive
Building Size
—
Asset Type
MultiFamily
Closing
Sep 17, 2025
AI
The transaction involved the sale of the Infinity on the Mark apartments, a multifamily property situated at 9010 Markville Drive in Dallas. The asset comprises 373 units and was renovated in recent years. The property is nearly 40 years old and benefits from proximity to Texas Instruments’ campus and DART access.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Units: 373
- Buyer: Jeffrey Moghavem & Sean Moghavem - Archway Equities
- Brokers: Wes Racht, Nick Fluellen, Bard Hoover - Marcus & Millichap; Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware & William Hubbard - Institutional Property Advisors
Archway Equities acquired the property from an undisclosed seller based in California. The transaction took place on 09/17/2025, with plans for further upgrades by the new owner.
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