Updated Oct 28, 2024
Moody National Co. Acquires 120-Unit Multifamily Property On Broadway St In San Antonio
1915 Broadway St, San Antonio, TX, USA
Building Size
1,242 SF
Asset Type
MultiFamily
Closing
Sep 9, 2021
About this deal
AI
The multifamily property located at 1915 Broadway St in San Antonio has been sold in a recent transaction. The sale took place on September 9, 2021, with a total of 120 units involved in the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 1915 Broadway St
- Market: San Antonio
- Units: 120
The buyer of the property is Moody National Co., represented by Brett Moody. On the other hand, the seller is George Mauze. The deal was facilitated by Institutional Property Advisors acting as the broker.
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