Paul Yazbeck Closes 53 Single Family Rental Portfolio in Dallas-Fort Worth
- Paul Yazbeck
- Mar 19, 2016
- 1 min read
Paul Yazbeck recently closed this transaction in March 2016 selling 53 Single Family Rentals located throughout Dallas-Fort Worth.
Transaction Highlights include:
•Income approach yielded a higher value than the Residential Retail Value, closed at above Appraised Value
•53 SFR Portfolio Spread Across 3 Counties in Dallas-Fort Worth with 50% Section 8 Tenants, average rent <$1,000 /month, and YOC 1950-2005
•Multiple Offers Received; actively looking for more B/C Class SFR portfolios to market
•Both parties are High Net Worth individuals, financing through local bank
To further discuss this transaction or to request a valuation on your Single Family Rental (SFR) portfolio, please contact me at paul.yazbeck@svn.com or #972-916-9045.
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