Rockstar Capital Acquires Multifamily Property In Alvin, TX For $11.6M

Huntington Oaks is a multifamily property located at 2551 TX-35 Loop in Alvin, TX. This property features 152 units in the market of Alvin, TX.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,648,000
• Lender: Capital One
• Landlord: Rockstar Capital
• Brokers: Hannah Howard & Jonathan Zilber - Meridian Capital Group
• Loan Type: Acquisition

The loan for the acquisition of Huntington Oaks was provided by Capital One. The deal was represented by brokers Hannah Howard and Jonathan Zilber from Meridian Capital Group. The loan amount for this transaction was $11,648,000. The loan is a Freddie 10-year deal with a 75% loan-to-value ratio.