Updated Dec 21, 2023
Hamilton Zanze Acquires Multifamily Property In Cypress
11800 Grant Road, Cypress, TX 77429
Building Size
679 SF
Asset Type
MultiFamily
Closing
Sep 15, 2021
About this deal
AI
An affiliate of Hamilton Zanze has sold a multifamily property located at 11800 Grant Road in Cypress. The transaction took place on September 15, 2021, and involved a property consisting of 530 units. The property is situated in the Cypress market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 11800 Grant Road, Cypress
- Market: Cypress
- Units: 530
Anthony Ly represented Hamilton Zanze as the seller's representative in this transaction.
Traded’s record for 11800 Grant Road, Cypress, TX 77429 in Cypress, Texas covers a multifamily sale from 2021. Reported inventory is 679 square feet across 529 units, or about 0 per square foot. This page is the Cypress, Texas file for the 11800 Grant Road, Cypress, TX 77429 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cypress sit in the Market section below. Filter that Cypress multifamily set by closing date to see what else sold near 11800 Grant Road, Cypress, TX 77429 around 2021. Cite this Hamilton Zanze Acquires Multifamily Property In Cypress sale when underwriting similar multifamily product around Cypress, Texas.
Players
Cypress MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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