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9921 West Valley Ranch Parkway

Updated Oct 13, 2026

Consolidated Investment Group Acquires MultiFamily Property In Irving For $52,000,000
SOLDMultiFamily

Consolidated Investment Group Acquires MultiFamily Property In Irving For $52,000,000

9921 West Valley Ranch Parkway

$52,000,000

Units

236

Asset Type

MultiFamily

Closing

Jul 14, 2025

About this deal

AI

The property asset involved in this transaction is a multifamily asset consisting of 236 units located at 9921 West Valley Ranch Parkway in Irving, TX. The sale was completed for a total price of $52,000,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $52,000,000.00
  • Units: 236
  • Buyer: Consolidated Investment Group
  • Seller: Criterion Development Partners
  • Sale Date: 07/14/2025
  • Market: Irving, TX

This transaction involved key figures from both sides, with Consolidated Investment Group representing the buyer and Criterion Development Partners acting as the seller. Their involvement highlights the collaboration between these entities in the multifamily market of Irving, TX.

On the Map

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$52,000,000

MultiFamily

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Players

Marcus & Millichap
Marcus & MillichapBrokerage
Criterion Development Partners
Criterion Development PartnersBuyer
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Irving MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $220.3K per unit across 236 units on a published $52M (2025).

Browse Irving multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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