Updated Oct 29, 2024
29th Street Capital Acquires Multifamily Asset By Buyer Stan Beraznik
2040 Greenhouse Rd, Houston, TX 77084, USA
Building Size
1,772 SF
Asset Type
MultiFamily
Closing
Aug 24, 2020
About this deal
AI
29th Street Capital, represented by Stan Beraznik, has acquired a multifamily property located at 2040 Greenhouse Road in Houston. The transaction, which took place on August 25, 2020, involved the purchase of a property comprising 350 units. The market value of the asset was not disclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
Stan Beraznik, representing 29th Street Capital, was the buyer in this transaction. No additional information about the deal or the individuals involved was provided.
On the Map
MultiFamily
View full map
Houston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily sales on Traded.
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