Updated Oct 28, 2024
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
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