SOLDMultiFamily
The Multifamily Group Acquires 176-Unit Multifamily Property In San Antonio For Sale
247 West Dickson Avenue, San Antonio, TX 78214, USA
Building Size
9,280 SF
Asset Type
MultiFamily
Closing
Nov 29, 2021
AI
247 West Dickson Ave in San Antonio has been sold as a multifamily property transaction. The property consists of 176 units and spans across 5 acres.
Summary of transation details
- Property Type: Multifamily
- Date: 11/29/2021
- Address: 247 West Dickson Ave
- Market: San Antonio
- Units: 176
- Acres: 5
The deal was facilitated by Paul Yazbeck and Chris Siemasko from The Multifamily Group. They served as the brokers representing the parties involved in the transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93