Updated Sep 15, 2026
SOLDMultiFamily
Raphael David Jajati & Daniel Rahmani Arrange Sale Of $17.7M Multifamily Property In Dallas
9450 Royal Lane
$17,729,212
$200/SF
Building Size
88,336 SF
Asset Type
MultiFamily
Closing
Apr 29, 2022
About this deal
AI
The property involved in this transaction is located at 9450 Royal Lane in the Dallas market. It encompasses a multi-family asset with a total square footage of 88,336 and consists of 117 units. The transaction amount for this asset is $17,729,212.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $17,729,212.00
- Address: 9450 Royal Lane
- Market: Dallas
- Square Footage: 88,336
- Units: 117
- Seller: Pennybacker
- Brokers: Raphael David Jajati - Capital Property Partners, Daniel Rahmani - Capital Property Partners
The brokerage representation for this deal was provided by Raphael David Jajati and Daniel Rahmani, both associated with Capital Property Partners.
On the Map
$17,729,212
$200/SF
MultiFamily
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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
0.89%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93