Cohen Investment Group Secures $5.5M Equity Loan For 248-Unit Multifamily At 3300 Rollingbrook Drive
3300 Rollingbrook Drive
$5,500,000
Units
248
Asset Type
MultiFamily
Closing
Mar 18, 2026
AI
The property asset involved in this transaction is a multifamily unit located at 3300 Rollingbrook Drive in Baytown, comprising a total of 248 units. The equity loan amount secured for this property is $5,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Landlord: Cohen Investment Group
- Broker: Jonah Pinchot - Eastern Union
- Loan Type: Equity
This deal involved Jonah Pinchot representing the interests of Cohen Investment Group during the transaction. The agreement reflects a strategic financial movement in the multifamily market within the Baytown area.
Players
Baytown 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93