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5827 Northwest Loop 410, Sa...

Updated Oct 28, 2024

FINANCEDMultiFamily

Dwight Capital Provides $27.6M Loan For Multifamily Acquisition In San Antonio

5827 Northwest Loop 410, San Antonio, TX 78238, USA

$27,600,000

$113/SF

Building Size

243,249 SF

Asset Type

MultiFamily

Closing

Nov 2, 2021

About this deal

AI

5827 Northwest Loop 410 in San Antonio is a multifamily property that recently underwent an acquisition. The property is owned by 5827 Loop 410, LLC and was part of a closed transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $27,600,000
  • Address: 5827 Northwest Loop 410
  • Market: San Antonio
  • Lender: Dwight Capital - Adam Sasouness
  • Landlord: 5827 Loop 410, LLC
  • Loan Type: Acquisition

The lender involved in the transaction was Dwight Capital, with Adam Sasouness representing them. The loan amount for this acquisition was $27,600,000. The multifamily property, located at 5827 Northwest Loop 410 in San Antonio, Texas, changed hands under the ownership of 5827 Loop 410, LLC.

Players

Dwight Capital
Dwight CapitalLender

San Antonio MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $113 per square foot on a published $27.6M for 243,249 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.57%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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