Updated Oct 28, 2024
Sueba USA Companies Sells Katy Multifamily Property With Reps From Berkadia
122 Lakeview Way, Katy, TX 77494
Units
319
Asset Type
MultiFamily
Closing
Apr 14, 2022
About this deal
AI
The multifamily property located at 122 Lakeview Way in Katy has been sold. The transaction took place on April 15, 2022. The property consists of 319 units and is owned by Sueba USA Companies. The deal was facilitated by the brokers Jeffrey Skipworth, Kyle Whitney, Joey Rippel, Chris Young, Chris Curry, and Todd Marix from Berkadia.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not mentioned
The involvement of the brokers Jeffrey Skipworth, Kyle Whitney, Joey Rippel, Chris Young, Chris Curry, and Todd Marix from Berkadia played a crucial role in successfully closing the deal. These individuals represented the seller, Sueba USA Companies, in the transaction.
On the Map
MultiFamily
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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