Updated Dec 21, 2023
RangeWater Real Estate Acquires 306-Unit Multifamily Property In Terrell Heights, San Antonio
1320 Austin Highway, San Antonio, Texas 78209, United States
Units
306
Asset Type
MultiFamily
Closing
Mar 13, 2022
About this deal
AI
A multifamily property located at 1320 Austin Way in Terrell Heights, San Antonio, was recently sold. The property consists of 306 units and was part of a closed transaction on 03/14/2022. The buyer of the property is RangeWater Real Estate, represented by Steven Shores & Michael Hoy.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
Steven Shores & Michael Hoy, representing RangeWater Real Estate, played a key role in the acquisition process of this multifamily property in Terrell Heights, San Antonio.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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