Updated Oct 28, 2024
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
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily loans on Traded.
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