Kalterra Capital Partners Sells Multifamily Property In San Marcos
1476 East Mccarty Lane
Building Size
—
Asset Type
MultiFamily
Closing
Apr 1, 2021
AI
The multifamily property located at 1476 E McCarty Ln in San Marcos was recently sold in a transaction on 04/02/2021. The property consists of 249 units and was sold by Kalterra Capital Partners.
Summary of transaction details
- Property Type: Multifamily
- Sale Date: 04/02/2021
- Address: 1476 E McCarty Ln
- Market: San Marcos
- Seller: Kalterra Capital Partners
- Units: 249
The sale of this multifamily property was facilitated by the following brokerage firms and their representatives: Will Balthrope, Jordan Featherston, and Drew Garza from Institutional Property Advisors, and Kent Myers from Marcus & Millichap.
Players
San Marcos MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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