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20614 Stone Oak Parkway

TruAmerica Multifamily Acquires Multifamily Property In San Antonio For $46.7M
SOLDMultiFamily

TruAmerica Multifamily Acquires Multifamily Property In San Antonio For $46.7M

20614 Stone Oak Parkway

$46,700,000

$434/SF

Building Size

107,425 SF

Asset Type

MultiFamily

Closing

Oct 6, 2021

AI

A multifamily property located at 20614 Stone Oak Pkwy in San Antonio has been sold for $46,700,000. The property consists of 270 units, with a per unit price of $172,963.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $46,700,000
  • Units: 270
  • Price Per Unit: $172,963
  • Address: 20614 Stone Oak Pkwy, San Antonio

The buyer of the property was TruAmerica Multifamily. The transaction was facilitated by brokers Ryan Epstein, Matt Pohl, and Forrest Bass from Walker & Dunlop.

Players

Ryan Epstein

Walker & Dunlop

Broker

$46.7M

vol

20 deals

Broker
TruAmerica Multifamily
TruAmerica MultifamilyBuyer

San Antonio MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93