Larson Capital Management Acquires Dallas Office Asset From Champion Partners
5660 North Dallas Parkway, Prosper, TX, USA
Building Size
321,578 SF
Asset Type
Office
Closing
Dec 21, 2020
About this deal
AI
A 321,578 square feet office property located at 5660 & 15770 N. Dallas Parkway in Dallas was recently sold in a transaction. The sale took place on 12/22/2020.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
The seller of the property was Champion Partners, while the buyer was Larson Capital Management - Paul Larson.
Traded’s record for 5660 North Dallas Parkway, Prosper, TX, USA in Prosper, Texas covers a office sale from 2020. The building is 321,578 square feet, implying about 0 per square foot on the published price. This page is the Prosper, Texas file for the 5660 North Dallas Parkway, Prosper, TX, USA office sold: pricing, party profiles, and other closed office comps from the same Prosper sit in the Market section below. Filter that Prosper office set by closing date to see what else sold near 5660 North Dallas Parkway, Prosper, TX, USA around 2020. Cite this Larson Capital Management Acquires Dallas Office Asset From Champion Partners sale when underwriting similar office product around Prosper, Texas.
Players
Prosper 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