Updated Oct 22, 2026
Rockcrest Holdings Acquires 224-Unit Multifamily Asset In Fort Worth From AXXIS Capital
7412 Ederville Road
Building Size
200,000 SF
Asset Type
MultiFamily
Closing
Oct 16, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located at 7412 Ederville Road, Fort Worth, featuring a total of 224 units and encompassing a square footage of 200,000. The property was sold by AXXIS Capital.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Address: 7412 Ederville Road
- Market: Fort Worth
- Units: 224
- Square Footage: 200,000
- Buyer: Rockcrest Holdings
- Seller: AXXIS Capital
- Brokers: Asher Hall & Grant Raymond - Cushman & Wakefield
This transaction was brokered by Asher Hall and Grant Raymond from Cushman & Wakefield, representing both the buyer and the seller in this multifamily property sale. The involvement of these brokers contributed to the process of transitioning the property ownership from AXXIS Capital to Rockcrest Holdings.
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MultiFamily
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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