Cottonwood Group Acquires Multifamily Portfolio In San Antonio With Buyer's Rep Mark Green - Texsun Holdings
San Antonio, Texas, United States
Building Size
94,517 SF
Asset Type
—
Closing
Jul 5, 2022
AI
The Multifamily Portfolio in San Antonio has been sold in a recent transaction. The property consists of 636 units and is located at an undisclosed address. The sale took place on July 6, 2022. The buyer of the portfolio is Cottonwood Group, represented by Mark Green, along with Texsun Holdings as their representative.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Market: San Antonio
- Units: 636
Mark Green from Cottonwood Group and Texsun Holdings have acquired the Multifamily Portfolio in San Antonio. The details regarding the transaction amount are not available.
Players
San Antonio 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