Asana Partners Acquires Mixed-Use Property In Fort Worth From M2G Ventures
200 Carroll Street, Fort Worth, Texas 76107, United States
Building Size
98,000 SF
Asset Type
Mixed-use
Closing
Sep 21, 2022
AI
Asana Partners has acquired a mixed-use property located at 200 Carroll St. in Fort Worth. The property spans over 6 acres with a total area of 98,000 square feet. The transaction took place on September 22, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Address: 200 Carroll St., Fort Worth
- Market: Fort Worth
- Acres: 6
- Square Feet: 98,000
The buyer in this transaction is Asana Partners, represented by Brad Kantrowitz. The seller is M2G Ventures. Cushman & Wakefield served as the broker in the deal.
Players
Fort Worth Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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