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
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.
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