Stockdale Capital Partners Acquire 297-Unit Multifamily Asset In Dallas
999 South Harwood Street
Building Size
—
Asset Type
MultiFamily
Closing
Oct 17, 2025
AI
The asset involved in the transaction is a multifamily property located at 999 South Harwood Street in Dallas, comprising 297 units. The apartment community, known as Amelia at Farmer’s Market, was built in 2019 and is currently 94% leased. The management of the property will be handled by Greystar. The seller and transaction price remain undisclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Units: 297
- Address: 999 South Harwood Street
- Market: Dallas
- Buyer: Dan Michaels & Sam Palmer - Stockdale Capital Partners
Dan Michaels and Sam Palmer, representing Stockdale Capital Partners, completed the acquisition of the property, further expanding their portfolio in downtown Dallas.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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