SOLDMultiFamily
180 Multifamily Acquires The Power Properties Portfolio In Old East Dallas With GREA Brokers
The Power Properties Portfolio
Building Size
—
Asset Type
MultiFamily
Closing
Oct 6, 2022
AI
The Power Properties Portfolio, a multifamily asset consisting of 544 units, has been sold in Old East Dallas. The transaction took place on 10/06/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 544
- Market: Old East Dallas
The buyer of The Power Properties Portfolio is 180 Multifamily. The deal was facilitated by Todd Franks, Ryan Quaid, Buck Poderski, and Byron Griffith from GREA, representing the buyer in the transaction.
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