SOLD
S2 Capital Acquires Multifamily Portfolio In Houston With Ryan Everett
Units
4,455
Asset Type
—
Closing
Jul 13, 2022
About this deal
AI
A multifamily portfolio in Houston has been sold in a recent transaction. The portfolio consists of 4,455 units, making it a large-scale investment in the multifamily market. The transaction took place on 07/14/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: Multifamily Portfolio
- Market: Houston
- Units: 4,455
The buyer in this deal is S2 Capital, represented by Ryan Everett. S2 Capital is known for its expertise in real estate investments, and their involvement in this transaction highlights their continued activity in the Houston market.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · 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