SOLDMultiFamily
EPH Properties Acquires 274-Unit Multifamily Community From Tasha Krawiec In Fort Worth
637 Samuels Avenue
Building Size
—
Asset Type
MultiFamily
Closing
Feb 13, 2025
AI
The transaction involves a 274-unit multifamily apartment community located at 637 Samuels Avenue in the Fort Worth market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 274
- Buyer: EPH Properties
- Seller: Tasha Krawiec - Carleton Cos
- Market: Fort Worth
- Brokers: Drew Kile, Joey Tumminello, Michael Ware, Shelby Clark & Taylor Hill - Institutional Property Advisors
The sale of Rocklyn at Samuels Ave. was brokered by Institutional Property Advisors, with Drew Kile and his team representing the seller, Carleton Cos, while successfully securing EPH Properties as the buyer.
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