OliveMill Holdings, Hunt Realty Investments & Angelo Gordon Acquire North Dallas Office For $Undisclosed
2801 North Central Expressway, Dallas, Texas 75204, United States
Building Size
240,000 SF
Asset Type
Office
Closing
Jan 14, 2022
About this deal
AI
The property involved in this closed transaction is an office space located at 2801 N. Central Expressway in the North Dallas market. It spans an area of 240,000 square feet.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 01/14/2022
- Market: North Dallas
- Buyer: OliveMill Holdings, Hunt Realty Investments & Angelo Gordon
The deal involved multiple buyers, namely OliveMill Holdings, Hunt Realty Investments, and Angelo Gordon. However, the transaction amount and other specific details were not provided in the available information.
Players
Dallas Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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