Hunt Real Estate Capital Provides $18.1M Loan For Multifamily Property In Houston
6833 Lakeview Haven Drive, Copperwood, Houston, TX, USA
$18,100,000
$2,043/SF
Building Size
8,858 SF
Asset Type
MultiFamily
Closing
Jan 27, 1920
AI
The multifamily property located at 6833 Lakeview Haven Dr in Houston has recently undergone a closed transaction. The property is situated in the Copperwood market and is characterized by its prime location and desirable features. The loan for this transaction was provided by Hunt Real Estate Capital, with James Flynn representing the lender.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $18,100,000
- Address: 6833 Lakeview Haven Dr
- City: Houston
- Market: Copperwood
In this transaction, James Flynn from Hunt Real Estate Capital played a key role as the lender's representative. His expertise and involvement contributed to the successful completion of the deal.
Players
Houston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93