Updated Dec 21, 2023
Bryce Smith & Paul Yazbeck Of The Multifamily Group Acquire 68-Unit Multifamily Property In San Antonio
158 De Chantle Road, San Antonio, TX 78201, USA
Building Size
57,890 SF
Asset Type
MultiFamily
Closing
Mar 28, 2021
About this deal
AI
The multifamily property located at 158 De Chantle Rd in San Antonio has recently been sold. The transaction took place on March 29, 2021. The property consists of 68 units, making it a significant multifamily asset in the area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
The sale was facilitated by Bryce Smith and Paul Yazbeck from The Multifamily Group (TMG). They represented the interested parties in the transaction, ensuring a smooth and successful deal. The involvement of experienced brokers like Smith and Yazbeck adds credibility to the transaction and assures the parties involved that their interests are represented.
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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