Magma Equities Acquires Multifamily Property In Roanoke And Houston
SOLD
+ 1
Texas
See Similar DealsMultiFamily806,512 SF
Sold 09/30/2022
SOLD
Magma Equities Acquires Multifamily Property In Roanoke And Houston
13450 Alta Vista Drive
See Similar DealsMultiFamily806,512 SF
Sold 09/30/2022
+ 1
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:806,512 SF
Transaction Type:Sale
The recently closed transaction involved a multifamily property situated at 13450 Alta Vista Rd in Roanoke and 5454 Newcastle St in Houston. This expansive property spans over 806,512 square feet and comprises a total of 820 units. The transaction took place on 09/30/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 820
- Square Footage: 806,512
- Market: Roanoke & Houston
Magma Equities, represented by Tom Short, Ryan Hall, and Scott Ogilvie, acted as the buyer in this transaction. On the other hand, Taylor Hill from Institutional Property Advisors (IPA) served as the broker for the buyer. The mortgage broker responsible for facilitating the transaction was Harry Krieger from CBRE.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions