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10415 Lancaster Frst Ln

Jason Wisotsky Of Four Corners Development Group Acquires Multifamily Asset From DH Horton For $36.02M
SOLDMultiFamily

Jason Wisotsky Of Four Corners Development Group Acquires Multifamily Asset From DH Horton For $36.02M

10415 Lancaster Frst Ln

$36,015,000

$125/SF

Building Size

286,962 SF

Asset Type

MultiFamily

Closing

Dec 22, 2025

AI

The property involved in this transaction is a multifamily asset located at 10415 Lancaster Frst Ln in Houston. The sale was finalized at a price of $36,015,000 and the total square footage of the property is 286,962, translating to a price per square foot of $125.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $36,015,000
  • Address: 10415 Lancaster Frst Ln
  • Market: Houston
  • Square Footage: 286,962
  • Price per Square Foot: $125
  • Buyer: Jason Wisotsky - Four Corners Development Group
  • Seller: DH Horton
  • Broker: Nate Hyman - Polaris Funding

This transaction marks the third purchase by Four Corners Development from DH Horton within a six-month timeframe, with Polaris Funding facilitating the loan for these deals.

Players

Nate Hyman

Polaris Funding

Broker

$490.8M

vol

15 deals

Broker
Polaris Funding
Polaris Funding Brokerage

Jason Wisotsky

Four Corners Development Group

Buyer

$144.3M

vol

11 deals

Buyer

Houston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93