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13012 Oak Terrace Dr, Live ...

Updated Oct 29, 2024

29th Street Capital Acquires Multifamily Property In San Antonio
SOLDMultiFamily

29th Street Capital Acquires Multifamily Property In San Antonio

13012 Oak Terrace Dr, Live Oak, TX 78233, USA

Building Size

857 SF

Asset Type

MultiFamily

Closing

Sep 9, 2020

About this deal

AI

Located at 13012 Oak Terrace Drive in San Antonio, this multifamily property was recently sold in a closed transaction. The sale was completed on September 10, 2020. The property is part of the San Antonio market and was acquired by 29th Street Capital, represented by Dan Howard.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 13012 Oak Terrace Drive
  • Market: San Antonio
  • Buyer: 29th Street Capital - Dan Howard

Dan Howard, representing 29th Street Capital, played a crucial role in the acquisition of this multifamily property. With their expertise and experience, they successfully closed the deal on behalf of the buyer. The transaction details, including the specific transaction amount, were not provided in the available information.

Players

Dan Howard

29th Street Capital

Buyer

$5.5M

vol

2 deals

Buyer

Live Oak 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

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