9312 Beck Ave
9312 Beck Ave, Dallas, TX, 75228
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The transaction involves 9312 Beck Ave, located in Dallas, TX 75228, which is home to the Residences at White Rock Lake, a 137-unit apartment community. The property sold does not include specific details about price and square footage.
Summary of transaction details:
- Property Type: Apartment Community
- Transaction Amount: Not specified
- Buyer: Unknown LLC
- Seller: Arcturus Investments
- Buyer's Representatives: Mark Allen - Global Real Estate Advisors (GREA), Chibuzor Nnaji Jr - Greystone
Mark Allen and Chibuzor Nnaji of Greystone|Investment Sales Group represented the seller, Arcturus Investments, a local Texas-based operator, while also securing the buyer, a local Dallas-Ft. Worth limited liability company.
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