Uhalt Investments Acquires Office Building In Dallas On Belt Line Road
7920 Belt Line Road, Dallas, TX, USA
Building Size
190,830 SF
Asset Type
Office
Closing
Jan 4, 2021
About this deal
AI
Creighton Stark & Chris Boyd of Colliers International facilitated the sale of an office property located at 7920 Belt Line Road in Dallas. The transaction took place on January 5, 2021. The property spans 190,830 square feet and is situated in the Dallas market.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Seller: Pillar Commercial - Manny Ybarra, Blue Vista Capital Management
- Buyer: Uhalt Investments
In this deal, the seller, Pillar Commercial, was represented by Manny Ybarra from Blue Vista Capital Management. The buyer, Uhalt Investments, acquired the property through the assistance of Creighton Stark and Chris Boyd from Colliers International.
On the Map
Office
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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