Updated Oct 13, 2026
Nord Group LLC Acquires 420-Unit Multifamily Property On Fondren Rd In Houston
12101 Fondren Road, Houston, TX 77035, USA
Building Size
1,005 SF
Asset Type
MultiFamily
Closing
Jul 23, 2020
About this deal
AI
The multifamily property located at 12101 Fondren Rd in Houston has been sold in a closed transaction. The property consists of 420 units and spans across 16 acres. The sale took place on 07/23/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Units: 420
- Acres: 16
- Date: 07/23/2021
- Address: 12101 Fondren Rd
- Market: Houston
The buyer of the property is Nord Group LLC.
Traded’s record for 12101 Fondren Road, Houston, TX 77035, USA in Houston, Texas covers a multifamily sale from 2020. Reported inventory is 1,005 square feet across 420 units, or about 0 per square foot. This page is the Houston, Texas file for the 12101 Fondren Road, Houston, TX 77035, USA 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 12101 Fondren Road, Houston, TX 77035, USA around 2020. Cite this Nord Group LLC Acquires 420-Unit Multifamily Property On Fondren Rd In Houston sale when underwriting similar multifamily product around Houston, Texas.
On the Map
MultiFamily
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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