The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, has
announced the sale of Vista Del Sol Apartments, a 54-unit 1960’s vintage-built multifamily community located in South Fort Worth, Texas.
Greg Miller represented the seller, a repeat client of TMG, while Chase Davis sourced the buyer, who acquired their first multifamily property in the Dallas-Fort Worth area.
Deal Highlights:
• Compelling Going In Cap Rate Proving Strong Day 1 Cashflow
• Qualified for a New Fannie Mae Loan at 72%+ LTV
• Property has Historically Maintained 95%+ Occupancy, Showing Strong Rental Demand in
the Submarket
Vista Del Sol was built in 1968 and offers a mix of one- and two-bedroom floor plans. Community amenities include a gated entrance, two laundry rooms, and an on-site leasing office. The property is located near five colleges and universities, and just minutes from I-20, I-35, and La Gran Plaza de Fort Worth.
The Multifamily Group is a commercial real estate brokerage firm focused exclusively on clients and helping them market, sell and acquire multi-housing assets. Based in Dallas, Texas, investors look to The Multifamily Group for one thing – results.
