Updated Oct 28, 2024
Dominium Acquires 274-unit Multifamily Property In Pearland
2920 Oak Rd, Pearland, TX, USA
Building Size
1,177 SF
Asset Type
MultiFamily
Closing
May 9, 2021
About this deal
AI
The multifamily property located at 2920 Oak Rd in Pearland has been sold in a recent transaction. The property consists of 274 units and was sold on 05/10/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2920 Oak Rd, Pearland
- Market: Pearland
The buyer in this transaction is Dominium, represented by Ryan Lunderby.
Traded’s record for 2920 Oak Rd, Pearland, TX, USA in Pearland, Texas covers a multifamily sale from 2021. Reported inventory is 1,177 square feet across 274 units, or about 0 per square foot. This page is the Pearland, Texas file for the 2920 Oak Rd, Pearland, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pearland sit in the Market section below. Filter that Pearland multifamily set by closing date to see what else sold near 2920 Oak Rd, Pearland, TX, USA around 2021. Cite this Dominium Acquires 274-unit Multifamily Property In Pearland sale when underwriting similar multifamily product around Pearland, Texas.
Pearland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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