SB Pacific Group Acquires Multifamily Property In College Station From Koontz Corporation
SOLD
+ 1
Texas
See Similar DealsMultiFamily
Sold 07/28/2022
SOLD
SB Pacific Group Acquires Multifamily Property In College Station From Koontz Corporation
2338 South Harvey Mitchell Parkway, College Station, Texas 77845, United States
See Similar DealsMultiFamily
Sold 07/28/2022
+ 1
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The sale of a multifamily property in College Station has been completed. The property, located at 2338 Harvey Mitchell Pky S, sits on a 14-acre lot. The transaction involved the sale of 340 units in total.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Units: 340
- Acres: 14
The buyer of the property is SB Pacific Group, while the seller is Koontz Corporation, specifically Bart Koontz. The deal was facilitated by brokers Will Balthrope, Drew Garza, and Jennifer Campbell from Institutional Property Advisors.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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