Updated Dec 21, 2023
American Landmark Apartments Acquires Multifamily Property In Houston With Christine DeFilippis
14805 Grisby Road, Houston, Texas 77079, United States
Units
293
Asset Type
MultiFamily
Closing
Apr 30, 2022
About this deal
AI
A multifamily property located at 14805 Grisby Road in Houston has been sold in a recent transaction. The property consists of 293 units and was acquired by American Landmark Apartments. The sale was facilitated by Christine DeFilippis, a representative from American Landmark Apartments.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 14805 Grisby Road, Houston
- Market: Houston
- Units: 293
Christine DeFilippis from American Landmark Apartments played a key role as the buyer in the transaction. The specific financial details of the sale, such as the transaction amount, were not provided in the available information.
Players
Houston 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