M&D Antiqua Village LLC Acquires Antiqua Village Multifamily Community In Fort Worth
5320 E Rosedale St, Fort Worth, TX, 7...
Building Size
—
Asset Type
MultiFamily
Closing
Oct 15, 2019
AI
The property involved in the transaction is Antiqua Village, a 152-unit multifamily community located at 5320 E Rosedale St in Fort Worth, Texas. At the time of sale, the property was 93.5 percent occupied.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not provided
- Address: 5320 E Rosedale St, Fort Worth, TX
- Market: Fort Worth
- Seller's Rep: Sam Pettigrew (Cantrell Co. & Partners)
- Buyer: M&D Antiqua Village LLC
Sam Pettigrew of Cantrell Co. & Partners acted as the seller's representative for the transaction, representing Republic Village LP. The buyer of record is M&D Antiqua Village LLC, a Texas-based entity.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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