Greystone ISG Brokers The Sale Of 170-unit Multifamily Property On Boca Raton Blvd. In Fort Worth
6000 Boca Raton Blvd, Fort Worth, TX 76112, USA
Building Size
139,200 SF
Asset Type
MultiFamily
Closing
Sep 23, 2020
AI
The multifamily property located at 6000 Boca Raton Blvd. in Fort Worth has been sold. The transaction, facilitated by Todd Franks of Greystone ISG, took place on September 24, 2020. The property consists of 170 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 6000 Boca Raton Blvd., Fort Worth
- Market: Fort Worth
- Units: 170
- Broker: Todd Franks - Greystone ISG
The involvement of Todd Franks as the broker for this transaction highlights the role of Greystone ISG in facilitating the sale of the multifamily property in Fort Worth.
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