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Eastham Capital Sells Kensington Crossings Multifamily Property In Houston With 254 Units
SOLD
Texas
See Similar DealsMultiFamily
Sold
SOLD
Eastham Capital Sells Kensington Crossings Multifamily Property In Houston With 254 Units
14651 Philippine Street
See Similar DealsMultiFamily
Sold
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The sale involved a multifamily asset located at 14651 Philippine Street in Houston, comprising 254 units. The property includes a range of one- to three-bedroom units and offers amenities such as a pool, pet park, and business center. The details of the transaction amount were not disclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Address: 14651 Philippine Street
- Market: Houston
- Units: 254
- Seller: Matthew Rosenthal & Eric Silverman - Eastham Capital
The transaction was executed after Eastham Capital implemented a value-add program since acquiring the property in 2018 alongside Mosaic Residential. The identity of the buyer remains undisclosed.
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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
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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