Updated Oct 12, 2026
Aspen Capital Group Inc. Acquires 224-Unit Multifamily Property In Fort Worth From One Real Estate Investment
7412 Ederville Road, Fort Worth, TX 76112
Building Size
1,312 SF
Asset Type
MultiFamily
Closing
Jul 14, 2020
About this deal
AI
A multifamily property located at 7412 Ederville Rd in Fort Worth has been sold in a recent transaction. The property, situated on 12 acres, consists of 224 units. The sale was completed on 07/14/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
The seller of the property was One Real Estate Investment, while the buyer was Aspen Capital Group Inc. The sale was facilitated by the brokers Drew Kile, Joey Tumminello, Will Balthrope, and Asher Hall from IPA, as well as Tommy Lovell III, Nick Fluellen, and Bard Hoover from Marcus & Millichap.
On the Map
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