Aryia Balazadeh's Milon Capital Acquires Multifamily Property In Dallas
Dallas, TX, USA
Units
650
Asset Type
Other
Closing
Aug 16, 2021
About this deal
AI
The multi-family property located on a corner lot in Dallas has been sold. The property spans approximately 6,433 square feet and was purchased by Aryia Balazadeh of Milon Capital. The transaction took place on 08/17/2021 in the Dallas market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Buyer: Aryia Balazadeh - Milon Capital
- Market: Dallas
- Square Footage: 6,433
The multi-family property is situated on a corner lot and is just minutes away from the famous Downtown Dallas center. With a lot size of approximately 6,400 square feet, there is potential for future development to add additional units. Aryia Balazadeh of Milon Capital, the buyer, is actively seeking other multi-family or portfolio acquisitions. For more information, interested parties can reach out to Aryia Balazadeh at [email protected].
Players
Dallas Other Market Snapshot
Boundary boundary · Other · 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