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1530 Northwest Crossroads, ...

Updated Oct 28, 2024

Cohen-Esrey Apartment Investors LLC Acquires 276-Unit Multifamily Property In San Antonio
SOLDMultiFamily

Cohen-Esrey Apartment Investors LLC Acquires 276-Unit Multifamily Property In San Antonio

1530 Northwest Crossroads, San Antonio, TX 78251, USA

Building Size

1,135 SF

Asset Type

MultiFamily

Closing

Aug 31, 2021

About this deal

AI

An apartment complex located at 1530 NW Crossroads in San Antonio has been sold in a recent transaction. The multifamily property consists of 276 units and was sold by InvestRes to Cohen-Esrey Apartment Investors LLC.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 1530 NW Crossroads
  • Market: San Antonio
  • Units: 276

The sale of this apartment complex was facilitated by brokers Matt Michelson and Patton Jones from Newmark.

Traded’s record for 1530 Northwest Crossroads, San Antonio, TX 78251, USA in San Antonio, Texas covers a multifamily sale from 2021. Reported inventory is 1,135 square feet across 276 units, or about 0 per square foot. Matt Michelson, Patton Jones, Cohen-Esrey, Newmark appear on the sale alongside Newmark. This page is the San Antonio, Texas file for the 1530 Northwest Crossroads, San Antonio, TX 78251, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 1530 Northwest Crossroads, San Antonio, TX 78251, USA around 2021. Cite this Cohen-Esrey Apartment Investors LLC Acquires 276-Unit Multifamily Property In San Antonio sale when underwriting similar multifamily product around San Antonio, Texas.

Players

Patton Jones

Newmark

Broker

49 deals

Broker

Cohen-Esrey

Cohen-Esrey Apartment Investors LLC

Buyer

2 deals

Buyer
I
InvestResSeller

San Antonio MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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

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