Updated Oct 28, 2024
Aldon Acquires Talavera Ridge Multifamily In San Antonio For $73M
18130 Talavera Ridge, San Antonio, TX, USA
$73,000,000
$64,888/SF
Building Size
1,125 SF
Asset Type
MultiFamily
Closing
Jul 19, 2021
About this deal
AI
The multifamily property located at 18130 Talavera Ridge in San Antonio has been sold for a total of $73,000,000. The property consists of 310 units, with an average price per unit of $235,484.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $73,000,000
- Units: 310
- Price Per Unit: $235,484
The seller of the property was DeBartolo Holdings, represented by Edward J. DeBartolo. The buyer, Aldon, was represented by Todd Bowen.
The multifamily sale at 18130 Talavera Ridge, San Antonio, TX, USA in San Antonio, Texas sold for $73M in 2021. Reported inventory is 1,125 square feet across 310 units, or about 64.9K per square foot. This page is the San Antonio, Texas file for the 18130 Talavera Ridge, San Antonio, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 18130 Talavera Ridge, San Antonio, TX, USA around 2021. Published consideration for 18130 Talavera Ridge, San Antonio, TX, USA is $73M, dated 2021. Cite this Aldon Acquires Talavera Ridge Multifamily In San Antonio For $73M sale when underwriting similar multifamily product around San Antonio, Texas.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93