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12605 Vantage Pkwy

Vantage Communities Sells 288-Unit Vantage At Burleson Multifamily In Fort Worth
SOLDMultiFamily

Vantage Communities Sells 288-Unit Vantage At Burleson Multifamily In Fort Worth

12605 Vantage Pkwy

Building Size

Asset Type

MultiFamily

Closing

Mar 5, 2025

AI

The multifamily property known as Vantage at Burleson, located at 12605 Vantage Pkwy in the Fort Worth market, encompasses 288 units. The property was completed in 2024 and features amenities such as an executive boardroom, a resort-style pool, and two dog parks.

Summary of transaction details:

The Vantage at Burleson multifamily property was sold to an undisclosed buyer in a transaction facilitated by Institutional Property Advisors, showcasing a successful collaboration among the listed brokers.

Players

Drew Garza

Institutional Property Advisors

Broker

$130.6M

vol

37 deals

Broker
VC
Vantage CommunitiesSeller

Crowley MultiFamily Market Snapshot

Boundary boundary · MultiFamily · 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