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6629 South Hulen Street

Lurin Acquires 100-Unit Multifamily Property In Fort Worth From Tyler Associates
SOLDMultiFamily

Lurin Acquires 100-Unit Multifamily Property In Fort Worth From Tyler Associates

6629 South Hulen Street

Building Size

98,180 SF

Asset Type

MultiFamily

Closing

Dec 15, 2022

AI

The multifamily property located at 6629 South Hulen Street in Fort Worth has been sold in a recent transaction. The property consists of 100 units and spans a total square footage of 98,180. The sale was finalized on December 14, 2022.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 6629 South Hulen Street
  • Market: Fort Worth
  • Number of Units: 100
  • Total Square Footage: 98,180

The buyer in this transaction was Lurin, while the seller was Tyler Associates. The deal was facilitated by brokerage firm CBRE, with Chris Deuillet, William Hubbard, and Jaxx Davies representing the buyer and seller as brokers.

Players

Chris Deuillet

CBRE

Broker

$16.7M

vol

21 deals

Broker
L
LurinBuyer

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