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7412 Ederville Road

Updated Oct 22, 2026

Rockcrest Holdings Acquires 224-Unit Multifamily Asset In Fort Worth From AXXIS Capital
SOLDMultiFamily

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:

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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Players

Grant Raymond

Cushman & Wakefield

Broker

$445.7M

vol

29 deals

Broker
Rockcrest Holdings
Rockcrest HoldingsBuyer
AXXIS Capital
AXXIS CapitalSeller
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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

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