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637 Samuels Avenue

EPH Properties Acquires 274-Unit Multifamily Community From Tasha Krawiec In Fort Worth
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:

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

Drew Kile

Institutional Property Advisors

Broker

$383.2M

vol

81 deals

Broker

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