Updated Jul 3, 2025
Colliers Represents Sale Of 252-Unit Green Arbor Apartments In Houston For Unspecified Price
10601 Sabo Road
Units
252
Asset Type
MultiFamily
Closing
Jul 3, 2025
About this deal
AI
The transaction involved a multifamily asset located at 10601 Sabo Road in Houston, consisting of 252 units spread across 8.7 acres. The property includes various unit types and amenities such as pools and a playground.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: undisclosed
- Units: 252
- Acres: 8.7
- Address: 10601 Sabo Road
- Market: Houston
- Brokers: Chip Nash, Bob Heard & Jaleel Adatia - Colliers
Colliers facilitated the sale of Green Arbor Apartments, representing the property's seller. The specific details regarding the buyer and the sale price remain undisclosed.
On the Map
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93