Updated Dec 20, 2023
Silva Multifamily Team Acquires 265-Unit Multifamily Property In West Fort Worth
8225 Calmont Avenue, Fort Worth, Texas 76116, United States
Units
265
Asset Type
MultiFamily
Closing
Jan 24, 2022
About this deal
AI
Located in the West Fort Worth market, a multifamily property with 265 units has been sold at 8225 Calmont Ave. The sale was facilitated by brokers Al Silva and Ford Braly from the Silva Multifamily Team at Marcus & Millichap.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 8225 Calmont Ave
- Market: West Fort Worth
- Units: 265
Brokers Al Silva and Ford Braly, representing the Silva Multifamily Team at Marcus & Millichap, played a major role in closing the deal for this multifamily property.
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