Greysteel Brokers Facilitate Sale Of 40-Unit Multifamily Property In Fort Worth
2200 West Lowden Street, Fort Worth, Texas 76110, United States
Building Size
—
Asset Type
MultiFamily
Closing
Feb 13, 2022
AI
A multifamily property located at 2200 W Lowden St in Fort Worth has been sold. The transaction took place on 02/14/2022. This property consists of 40 units, making it an attractive investment in the vibrant Fort Worth market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 2200 W Lowden St
- Market: Fort Worth
- Units: 40
The sale of this property was facilitated by the brokerage firm Greysteel, with Andrew Mueller, Doug Banerjee, and Hugo Reisenbichler representing the deal. Additionally, Griffin Papaila and Daniel Hartnett from Greysteel served as the mortgage brokers.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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