Updated Dec 4, 2024
Cooper Street Capital Acquires 174-Unit South Hill Apartments With $9.16M Financing From Greystone
2715 Lasses Boulevard
Units
174
Asset Type
MultiFamily
Closing
Oct 18, 2023
About this deal
AI
The 174-unit South Hill Apartments located at 2715 Lasses Boulevard in San Antonio have been sold to Cooper Street Capital, with the sale price and seller remaining undisclosed. This multifamily property transaction was facilitated with the support of a $9.16 million financing arrangement provided by Greystone.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Units: 174
- Address: 2715 Lasses Boulevard, San Antonio
- Market: San Antonio
Cooper Street Capital, led by Brandon Cooper, acquired the South Hill Apartments. The financing for this transaction was provided by Greystone.
On the Map
MultiFamily
View full map
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse San Antonio multifamily sales on Traded.
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