Updated Dec 21, 2023
American Landmark Apartments Acquires 325-Unit Multifamily Property In Fort Worth
4921 White Settlement Road, Fort Worth, TX, USA
Building Size
2,031 SF
Asset Type
MultiFamily
Closing
Jul 30, 2021
About this deal
AI
The multifamily property located at 4921 White Settlement Road in Fort Worth has been sold. The property consists of 325 units and was acquired by American Landmark Apartments, represented by Joe Lubeck.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Market: Fort Worth
- Units: 325
American Landmark Apartments, led by Joe Lubeck, completed the purchase of the multifamily property at 4921 White Settlement Road. The details regarding the transaction amount have not been disclosed.
Traded’s record for 4921 White Settlement Road, Fort Worth, TX, USA in Fort Worth, Texas covers a multifamily sale from 2021. 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, 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, USA around 2021. 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
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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