Updated Nov 7, 2025
Jason Wisotsky Of Four Corners Development Group Acquires 248 BTR Units In Slidell For $55.15M
5729 Sunset Boulevard
$40,629,000
$1,625/SF
Building Size
25,000 SF
Asset Type
Package Deal
Closing
Sep 28, 2025
About this deal
AI
The transaction involves a package deal consisting of 248 build-to-rent units located at 5729 Sunset Boulevard Portfolio in Slidell, LA. The sale price for the asset amounts to $55,152,000.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: 55,152,000
- Buyer: Jason Wisotsky - Four Corners Development Group
- Seller: DH Horton
- Broker: Nate Hyman - Polaris Funding
Jason Wisotsky represents Four Corners Development Group as the buyer, while Nate Hyman represents Polaris Funding in the successful negotiation of this real estate transaction.
Players
Slidell Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
Deal FAQ
Visit Nate Hyman to view all their deals.
Browse Slidell package deal sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93