Bolour Associates Acquires 7,190 SF Office In Dallas Fort Worth With Buyer's Rep Kevin Saghian
12222 Coit Road, Dallas, Texas 75251, United States
Building Size
7,190 SF
Asset Type
Office
Closing
Jan 20, 2022
AI
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12222 Coit Road
- Market: Dallas Fort Worth
- Square Footage: 7,190 SF
Bolour Associates, a fully integrated real estate investment, development, and finance firm, has acquired a medical office in the Dallas Fort Worth market. This marks Bolour's first acquisition of a medical office in this region, and they are eager to explore more investment opportunities. With the strong population growth expected in the area, Bolour is confident that it will drive both rent growth and cap rate compression. For more information about potential opportunities in the market, interested parties can contact Kevin Saghian, the representative of Bolour Associates, at ☎️ 323-677-0550 ext.106 or 📧 [email protected].
To learn more about Bolour Associates' investment activities and their focus on value-add assets in emerging and transit-oriented neighborhoods, visit their website at bolourassociates.com/investment.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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