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
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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