Updated Oct 28, 2024
Applesway Investments Sells 418-Unit Multifamily In Fort Worth To Buyer's Rep Al Silva
4151 Southwest Loop 820, Fort Worth, Texas 76132, United States
Units
418
Asset Type
MultiFamily
Closing
Jun 4, 2022
About this deal
AI
Located at 4151 SW Loop 820 in Fort Worth, this multifamily property recently sold in a closed transaction. The property consists of 418 units, making it a substantial investment opportunity in the market.
Summary of transaction details
- Property Type: Multifamily
- Sale Date: 06/05/2022
- Asset Type: Multifamily
- Units: 418
- Seller: Applesway Investments
- Broker: Al Silva - Marcus & Millichap
Al Silva from Marcus & Millichap represented the seller, Applesway Investments, in this transaction. Their expertise and knowledge contributed to the successful completion of the deal. The involvement of experienced brokers like Al Silva ensures that the best interests of the buyer and seller are represented throughout the process.
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