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122 Lakeview Way, Katy, TX ...

Sueba USA Companies Sells Katy Multifamily Property With Reps From Berkadia
SOLDMultiFamily

Sueba USA Companies Sells Katy Multifamily Property With Reps From Berkadia

122 Lakeview Way, Katy, TX 77494

Building Size

Asset Type

MultiFamily

Closing

Apr 14, 2022

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.

Players

Chris Curry

Berkadia

Broker

30 deals

Broker

Katy MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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