Updated Oct 28, 2024
Comunidad Partners Acquires Multifamily Property On John T White Rd In Fort Worth
7000 John T White Road, Fort Worth, TX, USA
Building Size
435,600 SF
Asset Type
MultiFamily
Closing
May 12, 2021
About this deal
AI
Comunidad Partners has recently acquired a multifamily property located at 7000 John T White Rd in Fort Worth. The transaction took place on May 13, 2021, and the property consists of 206 units. Richard Furr and Brian O’Boyle Jr. from Newmark Knight Frank represented Comunidad Partners in the deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 7000 John T White Rd
- Market: Fort Worth
- Units: 206
The acquisition of this multifamily property by Comunidad Partners was facilitated by Richard Furr and Brian O’Boyle Jr. from Newmark Knight Frank. They acted as the brokers representing Comunidad Partners in the transaction.
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