Updated Dec 20, 2023
Embrey Partners Sells Multifamily Property In Fort Worth To Trey Embrey, Walter Embrey, Garrett Karam, & Rod Riordan
769 Samuels Avenue, Fort Worth, TX, USA
Building Size
2,856 SF
Asset Type
MultiFamily
Closing
Feb 24, 2021
About this deal
AI
Embrey Partners has recently sold a multifamily property in Fort Worth. The property, located at 769 Samuels Avenue, was sold on February 25, 2021. The asset features a total of 353 units, making it a significant investment in the area.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 769 Samuels Avenue
- Market: Fort Worth
The sellers of this property were Trey Embrey, Walter Embrey, Garrett Karam, and Rod Riordan, all representing Embrey Partners. These individuals played a crucial role in the transaction, ensuring its success and contributing to the growth of the real estate market in Fort Worth.
Players
Fort Worth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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