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
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