Altaf Hemani Acquires Multifamily Property From Fred Matera At 5320 East Rosedale Street
SOLD
Texas
See Similar DealsMultiFamily133,100 SF
Sold 05/20/2026
SOLD
Altaf Hemani Acquires Multifamily Property From Fred Matera At 5320 East Rosedale Street
5320 East Rosedale Street
See Similar DealsMultiFamily133,100 SF
Sold 05/20/2026
Summary
TEXAS
Asset Type:MultiFamily
Total Square Footage:133,100 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 5320 East Rosedale Street in the Fort Worth market. It comprises 152 units and has a total square footage of 133,100. The specifics of the transaction indicate a sale, though the transaction amount has not been disclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not Disclosed
- Address: 5320 East Rosedale Street
- Market: Fort Worth
- Units: 152
- Square Footage: 133,100
- Buyer: Altaf Hemani
- Seller: Fred Matera
- Brokers: Mark Allen, Buck Poderski & Todd Franks - Colliers
In this transaction, the buyer is Altaf Hemani, while the seller is Fred Matera. The brokers managing the deal are Mark Allen, Buck Poderski, and Todd Franks from Colliers, representing the respective parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$453,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04
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