Windmill Investments LLC Sells Multifamily Property In Houston
15414 Kuykendahl Road, Houston, Texas 77090, United States
Building Size
—
Asset Type
MultiFamily
Closing
Aug 2, 2022
AI
Windmill Investments LLC has recently sold a multifamily property located at 15414 Kuykendahl Rd in Houston. The property spans across 8.4 acres and features 238 units. The sale took place on 08/03/2022 and was facilitated by the brokerage firm Colliers, with Bob Heard, Chip Nash, and Jaleel Adatia representing Windmill Investments LLC in the transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 238
- Acres: 8.4
- Address: 15414 Kuykendahl Rd, Houston
Bob Heard, Chip Nash, and Jaleel Adatia from Colliers played a key role in the sale of this multifamily property. They represented Windmill Investments LLC throughout the transaction, showcasing their expertise in the Houston market.
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