Updated Dec 19, 2023
Catalyst Equity Partners Acquires 280-Unit Multifamily In Houston
15000 West Airport Boulevard, Sugar Land, Texas 77498, United States
Units
280
Asset Type
MultiFamily
Closing
Sep 1, 2022
About this deal
AI
A multifamily property with 280 units located at 15000 W. Airport Blvd. in Houston has been sold. The transaction took place on 09/02/2022. The property, pictured by Shane Thomas on Instagram, was acquired by Catalyst Equity Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Address: 15000 W. Airport Blvd.
- Market: Houston
- Number of Units: 280
Catalyst Equity Partners served as the buyer for this transaction.
Traded’s record for 15000 West Airport Boulevard, Sugar Land, Texas 77498, United States in Sugar Land, Texas covers a multifamily sale from 2022. Reported inventory is 280 units across 280 units. This page is the Sugar Land, Texas file for the 15000 West Airport Boulevard, Sugar Land, Texas 77498, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Sugar Land sit in the Market section below. Filter that Sugar Land multifamily set by closing date to see what else sold near 15000 West Airport Boulevard, Sugar Land, Texas 77498, United States around 2022. Cite this Catalyst Equity Partners Acquires 280-Unit Multifamily In Houston sale when underwriting similar multifamily product around Sugar Land, Texas.
Players
Sugar Land 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