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10601 Sabo Road

Colliers Represents Sale Of 252-Unit Green Arbor Apartments In Houston For Unspecified Price
SOLDMultiFamily

Colliers Represents Sale Of 252-Unit Green Arbor Apartments In Houston For Unspecified Price

10601 Sabo Road

Building Size

Asset Type

MultiFamily

Closing

Jul 3, 2025

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:

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.

Players

Chip Nash

Colliers

Broker

21 deals

Broker
Colliers
ColliersBrokerage

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93