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929 N Marsalis Ave, Dallas,...

Updated Dec 21, 2023

Greystone ISG Facilitates Sale Of 65-Unit Multifamily Property In Dallas
SOLDMultiFamily

Greystone ISG Facilitates Sale Of 65-Unit Multifamily Property In Dallas

929 N Marsalis Ave, Dallas, TX 75203, Estados Unidos

Building Size

20,480 SF

Asset Type

MultiFamily

Closing

Sep 23, 2020

About this deal

AI

Located at 929 N. Marsalis Avenue in Dallas, this multifamily property has recently been sold. The transaction took place on September 24, 2020. The property consists of 65 units and was listed on the market in a closed deal.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified

Chibuzor Nnaji and Mark Allen, representing Greystone ISG, played a crucial role as the brokers in this transaction. They facilitated the purchase agreement between the buyer and seller.

Traded’s record for 929 N Marsalis Ave, Dallas, TX 75203, Estados Unidos in Dallas, Texas covers a multifamily sale from 2020. Reported inventory is 20,480 square feet across 65 units, or about 0 per square foot. Mark Allen, Chibuzor Nnaji Jr, Global Real Estate Advisors (GREA) appear on the sale alongside Global Real Estate Advisors (GREA). This page is the Dallas, Texas file for the 929 N Marsalis Ave, Dallas, TX 75203, Estados Unidos 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 929 N Marsalis Ave, Dallas, TX 75203, Estados Unidos around 2020. Cite this Greystone ISG Facilitates Sale Of 65-Unit Multifamily Property In Dallas sale when underwriting similar multifamily product around Dallas, Texas.

Players

Mark Allen

Colliers

Broker

$140.3M

vol

33 deals

Broker

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

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