Updated Sep 15, 2026
SOLDMultiFamily
Raphael David Jajati & Daniel Rahmani Arrange Sale Of $51.5M Multifamily Property In Dallas
9505 Royal Lane
$51,520,787
$173/SF
Building Size
297,385 SF
Asset Type
MultiFamily
Closing
Apr 29, 2022
About this deal
AI
The property asset involved in the transaction is a multi-family residential building located at 9505 Royal Lane in the Dallas market. The asset consists of 340 units and encompasses a total square footage of 297,385. The sale price for this property was $51,520,787.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $51,520,787
- Address: 9505 Royal Lane
- Market: Dallas
- Square Footage: 297,385
- Units: 340
- Seller: 9505 Royal Lane LP
- Broker Representatives: Raphael David Jajati - Capital Property Partners, Daniel Rahmani - Capital Property Partners
The transaction was facilitated by broker representatives Raphael David Jajati and Daniel Rahmani from Capital Property Partners.
On the Map
$51,520,787
$173/SF
MultiFamily
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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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93