Updated Dec 18, 2023
Stoneweg U.S., LLC Acquires Multifamily Property In Houston For 312 Units
1200 North Dairy Ashford Road, Houston, Texas 77077, United States
Units
312
Asset Type
MultiFamily
Closing
Jul 10, 2022
About this deal
AI
The multifamily property located at 1200 N Dairy Ashford Rd in Houston has been sold in a recent transaction. The property consists of 312 units and was sold on 07/11/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 1200 N Dairy Ashford Rd
- Market: Houston
- Units: 312
The buyer in this transaction is Stoneweg U.S., LLC represented by Matthew Levy & Garrett Pisarik.
Traded’s record for 1200 North Dairy Ashford Road, Houston, Texas 77077, United States in Houston, Texas covers a multifamily sale from 2022. Reported inventory is 312 units across 312 units. This page is the Houston, Texas file for the 1200 North Dairy Ashford Road, Houston, Texas 77077, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Houston sit in the Market section below. Filter that Houston multifamily set by closing date to see what else sold near 1200 North Dairy Ashford Road, Houston, Texas 77077, United States around 2022. Cite this Stoneweg U.S., LLC Acquires Multifamily Property In Houston For 312 Units sale when underwriting similar multifamily product around Houston, Texas.
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