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2200 West Lowden Street, Fo...

Greysteel Brokers Facilitate Sale Of 40-Unit Multifamily Property In Fort Worth
SOLDMultiFamily

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

Doug Banerjee

Greysteel

Broker

17 deals

Broker

Fort Worth 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