Nancy Almodovar Acquires Houston Condo On Post Oak Blvd For $6.9M
1409 Post Oak Boulevard, Houston, Texas 77056, United States
Building Size
9,500 SF
Asset Type
—
Closing
Mar 14, 2022
About this deal
AI
Located at 1409 Post Oak Boulevard in Houston, this condo property offers a spacious living space of approximately 9,500 square feet. The transaction took place on March 15, 2022, as confirmed by the sale date. The property was sold by Nancy Almodovar, a representative from Nan & Company Properties.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $6,900,000
- Address: 1409 Post Oak Boulevard, Houston
- Square Footage: 9,500 SF
This sale transaction was facilitated by Nancy Almodovar of Nan & Company Properties. It is worth noting that the asking price for this condo property was $6,900,000.
Players
Houston CRE Market Snapshot
Boundary boundary · CRE · 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