Rockstar Capital Acquires Multifamily Property In Alvin, TX For $11.6M
FINANCED
$11,648,000
Texas
See Similar DealsMultiFamily
Financed 12/23/2021
FINANCED
Rockstar Capital Acquires Multifamily Property In Alvin, TX For $11.6M
35 Loop, Alvin, Texas 77511, United States
See Similar DealsMultiFamily
Financed 12/23/2021
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
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.
Players
LENDER
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,648,000.00
Monthly NOI$77,653.33
Monthly Debt Service$73,623.28
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions