Dwight Capital Provides $22.7M Loan For 252-unit Multifamily Property In San Antonio
FINANCED
$22,700,000
Texas
See Similar DealsMultiFamily
Financed 04/08/2022
FINANCED
Dwight Capital Provides $22.7M Loan For 252-unit Multifamily Property In San Antonio
8301 Lake Vista, San Antonio, Texas 78227, United States
See Similar DealsMultiFamily
Financed 04/08/2022
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
A multifamily property located at 8301 Lake Vista in San Antonio has been recently involved in a closed transaction. This property spans over 22 acres and consists of 252 units. The transaction took place on 04/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $22,700,000
- Market: San Antonio
- Address: 8301 Lake Vista
- Units: 252
- Acres: 22
The lender involved in this transaction was Dwight Capital, represented by Josh Sasouness.
Players
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,700,000.00
Monthly NOI$151,333.33
Monthly Debt Service$143,479.44
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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