Updated Dec 4, 2024
Greysteel Oversees Sale Of University Village Multifamily Complex In Fort Worth
3125 South University Drive
Units
16
Asset Type
MultiFamily
Closing
Dec 5, 2023
About this deal
AI
Greysteel has overseen the sale of University Village, a 16-unit apartment complex near Texas Christian University in Fort Worth. The property consists of one- and two-bedroom units. The transaction was a closed sale between an anonymous buyer and seller.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 16
- Address: 3125 South University Drive, Fort Worth
Andrew Mueller of Greysteel represented the buyer and seller in this transaction.
Traded’s record for 3125 South University Drive in Fort Worth, Texas covers a multifamily sale from 2023. Reported inventory is 16 units across 16 units. Andrew Mueller, Greysteel appear on the sale alongside Greysteel. This page is the Fort Worth, Texas file for the 3125 South University Drive multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fort Worth sit in the Market section below. Filter that Fort Worth multifamily set by closing date to see what else sold near 3125 South University Drive around 2023. Cite this Greysteel Oversees Sale Of University Village Multifamily Complex In Fort Worth sale when underwriting similar multifamily product around Fort Worth, Texas.
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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