Updated Dec 21, 2023
Casoro Group Sells Multifamily Property In Growing Houston To Chi Hathiramani
2201 Hayes Road, Houston, Texas 77077, United States
Building Size
298,476 SF
Asset Type
MultiFamily
Closing
Sep 7, 2022
About this deal
AI
The multifamily property at 2201 Hayes Road in Growing Houston has been sold in a recent transaction. The property consists of 368 units and has a total square footage of 298,476. The sale was finalized on 09/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Address: 2201 Hayes Road
- Market: Growing Houston
- Units: 368
- Total Square Footage: 298,476
Casoro Group, represented by Chi Hathiramani, acted as the seller in this transaction.
Traded’s record for 2201 Hayes Road, Houston, Texas 77077, United States in Houston, Texas covers a multifamily sale from 2022. Reported inventory is 298,476 square feet across 368 units, or about 0 per square foot. This page is the Houston, Texas file for the 2201 Hayes Road, Houston, Texas 77077, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Houston sit in the Market section below. Filter that Houston multifamily set by closing date to see what else sold near 2201 Hayes Road, Houston, Texas 77077, United States around 2022. Cite this Casoro Group Sells Multifamily Property In Growing Houston To Chi Hathiramani sale when underwriting similar multifamily product around Houston, Texas.
Players
Houston 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