facebook
Traded Co logo
Submit
Daily limit: 0/10

Sherman Residential Acquires 264-Unit Multifamily Community In San Antonio From Right Quest

Property Image
SOLD

Texas

See Similar Deals
MultiFamily
Sold 07/27/2023
the dealdetailscomps
Property Image
SOLD

Sherman Residential Acquires 264-Unit Multifamily Community In San Antonio From Right Quest

12136 US-90 San Antonio, TX 78245, USA

See Similar Deals
MultiFamily
Sold 07/27/2023

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

Sherman Residential, led by David Sherman, has acquired Eleven West, a 264-unit luxury community located at 12136 US Highway 90 in San Antonio. Spanning over 14 acres, this multifamily property offers residents an exceptional living experience. The transaction took place on 27th July 2023, with Right Quest as the seller.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Number of Units: 264
  • Acres: 14
  • Address: 12136 US Highway 90, San Antonio

Sherman Residential's acquisition of Eleven West adds another prestigious property to their portfolio. With the recent purchase of Axis Grand Crossing, a 322-unit luxury multifamily community in Grand Prairie, Texas, Sherman Residential continues to expand its presence in the real estate market.

Players

BUYER

Details

SOLD
IMAGE: David Sherman DATE: 07/27/2023 ADDRESS: 12136 US Highway 90 MARKET: San Antonio ASSET TYPE: Multifamily ~ UNITS: 264 ~ ACRES: 14 BUYER: Sherman Residential - David Sherman SELLER: Right Quest NOTE: Sherman Residential purchased Eleven West, a 264-unit luxury community in San Antonio, and recently acquired Axis Grand Crossing, a 322-unit luxury multifamily community in Grand Prairie, Texas.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00