Updated Dec 21, 2023
Marcus & Millichap Brokers Sale Of 43-Unit Multifamily Property In Fort Worth
2721 Wingate Street, Fort Worth, TX 76107, USA
Units
43
Asset Type
MultiFamily
Closing
Dec 8, 2021
About this deal
AI
Located at 2721 Wingate St in Fort Worth, this multifamily property has recently been sold. The transaction took place on 12/08/2021, with a total of 43 units involved in the deal. The property, represented by Al Silva of Marcus & Millichap, was listed on Instagram and can be viewed on the platform.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2721 Wingate St
- Market: Fort Worth
- Number of Units: 43
Al Silva from Marcus & Millichap served as the broker for this transaction, representing the seller or buyer in the deal.
Players
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