Updated Dec 19, 2023
DB Capital Management Acquires Multifamily Property In San Antonio With Brennen Degner And Sabal Financial Group
16465 Henderson Pass, San Antonio, Texas 78232, United States
Units
288
Asset Type
MultiFamily
Closing
Jul 18, 2022
About this deal
AI
The multifamily property located at 16465 Henderson Pass in San Antonio has been sold. The transaction took place on July 19, 2022. The property consists of 228 units, making it a significant asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 16465 Henderson Pass, San Antonio
- Market: San Antonio
- Units: 228
The buyer of this property is DB Capital Management, represented by Brennen Degner. Additionally, Sabal Financial Group was involved in the transaction.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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