DJE Texas Management Group Acquires 154-Unit Multifamily In San Antonio
1150 Babcock Rd, San Antonio, TX 78201, USA
Building Size
665 SF
Asset Type
MultiFamily
Closing
Oct 5, 2020
AI
The multifamily property located at 1150 Babcock Road in San Antonio has been sold. The transaction took place on October 6, 2020. The property consists of 154 units and was acquired by DJE Texas Management Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1150 Babcock Road
- Market: San Antonio
- Units: 154
The deal was facilitated by Chris Siemasko and Bryce Smith from The Multifamily Group, who represented the buyer, DJE Texas Management Group, in the transaction.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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