Updated Oct 28, 2024
Tides Equities Acquires 274-Unit Multifamily In Fort Worth From Hunter Wyland - Marcus & Millichap
6011 Oakland Hills Drive, Fort Worth, Texas 76112, United States
Building Size
222,978 SF
Asset Type
MultiFamily
Closing
Jun 23, 2022
About this deal
AI
The multifamily property located at 6011 Oakland Hills Dr in Fort Worth has been sold. The property consists of 274 units spread over 6 acres. The transaction took place on June 24, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 274
- Acres: 6
- Address: 6011 Oakland Hills Dr, Fort Worth
- Market: Fort Worth
Tides Equities, represented by Hunter Wyland, has acquired the property. The buyer was facilitated by Al Silva from Marcus & Millichap.
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