Bascom Group Acquires Cypress Multifamily Property On Lakecrest View Drive
SOLD
Texas
See Similar DealsMultiFamily1,076 SF
Sold
SOLD
Bascom Group Acquires Cypress Multifamily Property On Lakecrest View Drive
17807 Lakecrest View Drive, Cypress, TX, USA
See Similar DealsMultiFamily1,076 SF
Sold
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:1076 SF
Transaction Type:Sale
The Bascom Group has acquired a multifamily property located at 17807 Lakecrest View Drive in Cypress. The transaction took place on February 15, 2021. The property consists of 350 units and spans across 13 acres.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 02/15/2021
- Address: 17807 Lakecrest View Drive, Cypress
- Market: Cypress
- Buyer: Bascom Group
- Brokers: David Mitchell - Newmark, James D’Argenio & Chang Liu - Bascom Group
- Units: 350
- Acres: 13
The deal was facilitated by brokers David Mitchell from Newmark and James D’Argenio, along with Chang Liu from Bascom Group.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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