Silver Point Group Acquires 462-Unit Multifamily Property In San Antonio From LivCor
16400 Henderson Pass, San Antonio, TX, USA
Building Size
325,630 SF
Asset Type
MultiFamily
Closing
Dec 2, 2020
AI
The multifamily property located at 16400 Henderson Pass in San Antonio has been sold. This property, consisting of 462 units, was listed for sale on December 3, 2020. The sale was facilitated by Kelly Vohs from LivCor, representing the seller. The buyer in this transaction is Silver Point Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
Kelly Vohs, from LivCor, acted as the representative of the seller in this deal. Silver Point Group is the buyer of the property.
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