Updated Oct 28, 2024
Helu Capital Acquires 64-Unit Multifamily In San Antonio From Cornerstone Investments
1302 Pinn Road, San Antonio, Texas 78227, United States
Units
64
Asset Type
MultiFamily
Closing
Apr 11, 2022
About this deal
AI
1302 Pinn Rd in San Antonio has been sold in a closed transaction. The property is a multifamily asset consisting of 64 units. The sale was completed on 04/12/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Buyer: Helu Capital
- Seller: Cornerstone Investments
- Broker: Daniel Shabtai - Rosewood Realty Group
Daniel Shabtai from Rosewood Realty Group represented both the buyer, Helu Capital, and the seller, Cornerstone Investments, in this transaction.
Traded’s record for 1302 Pinn Road, San Antonio, Texas 78227, United States in San Antonio, Texas covers a multifamily sale from 2022. Reported inventory is 64 units across 64 units. Daniel Shabtai, Rosewood Realty Group appear on the sale alongside Rosewood Realty Group. This page is the San Antonio, Texas file for the 1302 Pinn Road, San Antonio, Texas 78227, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 1302 Pinn Road, San Antonio, Texas 78227, United States around 2022. Cite this Helu Capital Acquires 64-Unit Multifamily In San Antonio From Cornerstone Investments sale when underwriting similar multifamily product around San Antonio, Texas.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily sales on Traded.
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