Updated Dec 19, 2023
ZMR Capital Acquires 240-Unit Multifamily Property In Dallas
9637 Forest Lane, Dallas, TX 75243
Building Size
1,355 SF
Asset Type
MultiFamily
Closing
Jun 2, 2020
About this deal
AI
The multifamily property located at 9637 Forest Ln in Dallas has been sold in a recent transaction. The property consists of 240 units, making it a significant investment opportunity in the Dallas market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Date: 06/02/2021
- Address: 9637 Forest Ln, Dallas
- Market: Dallas
- Units: 240
ZMR Capital, represented by Zamir Kazi, acted as the buyer in this deal. ZMR Capital recognized the potential of this multifamily property and made the strategic decision to invest in it.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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