SOLDMultiFamily
Greysteel Oversees Sale Of University Village Multifamily Complex In Fort Worth
3125 South University Drive
Units
16
Asset Type
MultiFamily
Closing
Dec 5, 2023
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.
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