Firas Zebian Acquires Residential Property In Houston With Buyer's Rep Loren Miner
1410 West Clay Street, Houston, TX, USA
Building Size
2,976 SF
Asset Type
Co-Op
Closing
Jun 18, 2021
About this deal
AI
The residential property located at 1410 W. Clay St & 1220 Waugh Drive in Houston has been sold. The transaction took place on 06/19/2021 and involved the sale of a property consisting of 4 units. The seller of the property was the Richard Alan Frazier Trust & Reida Renee Kazmierski, while the buyer was Firas Zebian.
Summary of transaction details
- Property Type: Residential
- Transaction Date: 06/19/2021
- Address: 1410 W. Clay St & 1220 Waugh Drive, Houston
- Market: Houston
- Units: 4
The seller was represented by Bob Conwell & Austen Baldridge from NewQuest Properties, while the buyer was represented by Loren Miner from Eastwood Realty.
Players
Houston Co-Op Market Snapshot
Boundary boundary · Co-Op · 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