SOLDMultiFamily
Greysteel Oversees Sale Of University Village Multifamily Complex In Fort Worth
3125 South University Drive
Building Size
—
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