Passco Companies Acquires Multifamily Property In San Antonio
17715 Overlook Loop, San Antonio, TX, USA
Building Size
8,865 SF
Asset Type
MultiFamily
Closing
Dec 22, 2020
AI
The multifamily property located at 17715 Overlook Loop in San Antonio was recently sold in a transaction. This property consists of 338 units and was acquired by Passco Companies. The seller of the property was Oden Hughes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 17715 Overlook Loop
- Market: San Antonio
- Units: 338
The buyer, Passco Companies, completed the transaction with the assistance of their representative, Gary Goodman. The seller, Oden Hughes, was represented by Caleb Marten from KeyBank Real Estate Capital.
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