Updated Oct 13, 2026
American National Insurance Co. Provides $44.6M Construction Loan For Multifamily Project In San Antonio, TX
12631 Vance Jackson Road, San Antonio, Texas 78230, United States
$44,600,000
$4,460,000/SF
Building Size
10 SF
Asset Type
MultiFamily
Closing
Apr 17, 2023
About this deal
AI
The multifamily property located at 12631 Vance Jackson Road in San Antonio, TX has recently undergone a closed property transaction. The property spans over 10 acres and consists of 300 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 11/14/2022
- Address: 12631 Vance Jackson Road, San Antonio, TX
- Market: San Antonio, TX
- Units: 300
- Acres: 10
The lender responsible for providing the loan for this transaction is American National Insurance Co. The loan amount, totaling $44,600,000, is classified as a Construction Loan. The landlord of the property is Koontz Corp, represented by Bart C. Koontz.
On the Map
$44,600,000
$4,460,000/SF
MultiFamily
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Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93