SOLDMultiFamily
Michael Rosen & Bradley Couch Of RC Investment Properties Acquire Multifamily Asset In Houston
1541 Moritz Drive
Building Size
50,000 SF
Asset Type
MultiFamily
Closing
Dec 9, 2025
AI
The Oaks of Moritz is a multifamily asset comprising 56 units with a total square footage of 50,000, located at 1541 Moritz Drive in Houston. The property was sold on December 9, 2025.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 56
- Square Feet: 50,000
- Address: 1541 Moritz Drive
- Market: Houston
- Buyer: Michael Rosen & Bradley Couch - RC Investment Properties
- Seller: Arrowstar Group
- Broker: Carter Mizell - Newmark
RC Investment Properties acquired The Oaks of Moritz, marking their fifth acquisition in the Houston market. Carter Mizell represented the buyer in this transaction.
Players
Houston 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