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Eastham Capital Sells 268-Unit Morgan Bay Apartment Complex In North Houston
SOLD
Texas
See Similar DealsMultiFamily
Sold
SOLD
Eastham Capital Sells 268-Unit Morgan Bay Apartment Complex In North Houston
14403 Ella Boulevard
See Similar DealsMultiFamily
Sold
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The property involved in the transaction is a multi-family asset, specifically a 268-unit apartment complex located at 14403 Ella Boulevard in Houston. The property was fully operational, achieving a 95% occupancy rate at the time of sale.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Undisclosed
- Units: 268
- Address: 14403 Ella Boulevard
- Market: Houston
- Seller: Matt Rosenthal & Eric Silverman - Eastham Capital
- Acquisition Year by Seller: 2019
- Property Condition at Sale: Renovated
In this transaction, the seller was represented by Matt Rosenthal and Eric Silverman, who are associated with Eastham Capital. The buyer remains undisclosed following the close of the sale.
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30 years
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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
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