Updated Oct 28, 2025
Stockdale Capital Partners Acquire 297-Unit Multifamily Asset In Dallas
999 South Harwood Street
Units
297
Asset Type
MultiFamily
Closing
Oct 17, 2025
About this deal
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.
On the Map
MultiFamily
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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