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9600 Golf Lakes Trail, Dall...

Greystone Brokers Acquire Multifamily Property In Dallas With Chibuzor Nnaji & Mark Allen
SOLDMultiFamily

Greystone Brokers Acquire Multifamily Property In Dallas With Chibuzor Nnaji & Mark Allen

9600 Golf Lakes Trail, Dallas, TX 75231, USA

Building Size

1,012 SF

Asset Type

MultiFamily

Closing

Mar 14, 2021

AI

In a recent closed transaction in Dallas, a multifamily property located at 9600 Golf Lakes Trl was sold. The sale was facilitated by Chibuzor Nnaji and Mark Allen from the real estate agency Greystone. The transaction took place on March 15, 2021, and involved 424 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not provided
  • Address: 9600 Golf Lakes Trl
  • Market: Dallas
  • Brokers: Chibuzor Nnaji & Mark Allen - Greystone

No additional information regarding the transaction, such as the sale price or loan amount, was provided.

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