Updated Dec 21, 2023
Al Silva & Ford Braly Of Marcus & Millichap Sell 96-Unit Multifamily Property On Broadmoor Dr In Fort Worth
2809 Broadmoor Drive, Fort Worth, TX, USA
Building Size
6,416 SF
Asset Type
MultiFamily
Closing
Nov 2, 2021
About this deal
AI
Located at 2809 Broadmoor Dr in Fort Worth, this recently sold multifamily property is a promising investment in the market. The property consists of 96 units, making it an attractive opportunity for investors.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
The transaction was facilitated by Al Silva and Ford Braly of Marcus & Millichap. As experienced brokers, they successfully closed the deal on behalf of their respective clients. Their expertise and negotiations skills were crucial in ensuring a smooth and successful transaction.
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