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

35 Loop, Alvin, Texas 77511, United States

$11,648,000

Building Size

—

Asset Type

MultiFamily

Closing

Dec 23, 2021

AI

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.

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