Updated Oct 28, 2024
Treeline Multifamily Partners Acquires 308-Unit Multifamily Property In San Antonio
18102 Talavera Ridge, San Antonio, TX 78257
Building Size
48,000 SF
Asset Type
MultiFamily
Closing
Sep 28, 2021
About this deal
AI
The multifamily property located at 18102 Talavera Ridge in San Antonio has been sold. The property consists of 308 units and was sold in a closed transaction. The sale took place on September 28, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 18102 Talavera Ridge
- Market: San Antonio
- Number of Units: 308
The buyer of the property is Treeline Multifamily Partners, represented by Jason Sisk. The seller of the property is Sherman Residential. The transaction was facilitated by Marcus & Millichap, specifically their Institutional Property Advisors division.
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