Updated Dec 19, 2023
Bodka Creek Capital Acquires Multifamily Property In Houston With Allyson Pritchett's Representation
11810 Algonquin Drive, Houston, Texas 77089, United States
Units
460
Asset Type
MultiFamily
Closing
Feb 17, 2022
About this deal
AI
Allyson Pritchett recently sold a multifamily property located at 11810 Algonquin Drive in Houston. The property consists of 460 units and was sold on 02/18/2022. The sale was facilitated by Bodka Creek Capital, represented by Allyson Pritchett.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 11810 Algonquin Drive
- Market: Houston
- Number of Units: 460
Bodka Creek Capital, represented by Allyson Pritchett, acted as the buyer in this transaction. Additional details about the buyer and seller, as well as any other parties involved, are not available.
Players
Houston 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