August Real Estate Co. Acquires Office Building In Dallas From Caddo Holdings
6301 Gaston Avenue, Dallas, TX 75214, USA
Building Size
120,000 SF
Asset Type
Office
Closing
Aug 26, 2021
About this deal
AI
August Real Estate Co. has acquired an office property located at 6301 Gaston Ave in Dallas. The property spans an area of 120,000 square feet. The transaction took place on 08/26/2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 6301 Gaston Ave
- Market: Dallas
Caddo Holdings acted as the seller in this deal. Goodwin Advisors represented both the buyer, August Real Estate Co., and the seller, Caddo Holdings, as the broker.
Traded’s record for 6301 Gaston Avenue, Dallas, TX 75214, USA in Dallas, Texas covers a office sale from 2021. The building is 120,000 square feet, implying about 0 per square foot on the published price. This page is the Dallas, Texas file for the 6301 Gaston Avenue, Dallas, TX 75214, USA office sold: pricing, party profiles, and other closed office comps from the same Dallas sit in the Market section below. Filter that Dallas office set by closing date to see what else sold near 6301 Gaston Avenue, Dallas, TX 75214, USA around 2021. Cite this August Real Estate Co. Acquires Office Building In Dallas From Caddo Holdings sale when underwriting similar office product around Dallas, Texas.
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