Updated Dec 20, 2023
American Landmark Apartments Acquires 325-Unit Multifamily Property In Fort Worth
4921 White Settlement Road, Fort Worth, TX 76114, USA
Building Size
2,031 SF
Asset Type
MultiFamily
Closing
Jul 27, 2020
About this deal
AI
The multifamily property located at 4921 White Settlement Rd in Fort Worth has been sold. This property consists of 325 units and was part of a recent closed transaction. The sale took place on July 27, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 4921 White Settlement Rd
- Market: Fort Worth
- Units: 325
American Landmark Apartments, represented by Christine DeFilippis, acquired the property. Christine DeFilippis acted as the buyer's representative in this transaction.
Traded’s record for 4921 White Settlement Road, Fort Worth, TX 76114, USA in Fort Worth, Texas covers a multifamily sale from 2020. Reported inventory is 2,031 square feet across 325 units, or about 0 per square foot. This page is the Fort Worth, Texas file for the 4921 White Settlement Road, Fort Worth, TX 76114, USA 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 4921 White Settlement Road, Fort Worth, TX 76114, USA around 2020. Cite this American Landmark Apartments Acquires 325-Unit Multifamily Property In Fort Worth sale when underwriting similar multifamily product around Fort Worth, Texas.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
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