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311 East Crockett Avenue, A...

Updated Dec 18, 2023

Logan Waller Of Waller Group LLC Sells Alamo Multifamily For $2.83M On E Crockett Ave
SOLDMultiFamily

Logan Waller Of Waller Group LLC Sells Alamo Multifamily For $2.83M On E Crockett Ave

311 East Crockett Avenue, Alamo, TX, USA

$2,830,000

$60/SF

Building Size

46,550 SF

Asset Type

MultiFamily

Closing

Jan 28, 2021

About this deal

AI

The multifamily property located at 311 E Crockett Avenue in Alamo has been sold for a total price of $2,830,000. The transaction was completed on January 29, 2021. The property spans across 46,550 square feet, resulting in a price per square foot of $61. The sale was facilitated by Logan Waller from Waller Group LLC.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,830,000
  • Address: 311 E Crockett Avenue
  • Market: Alamo
  • Broker: Logan Waller - Waller Group LLC
  • Square Footage: 46,550
  • Price per Square Foot: $61

The sale of this multifamily property showcases the successful transaction expertise of Logan Waller from Waller Group LLC. Through their representation, the property was sold for a significant amount, reflecting the value of the asset in the Alamo market.

Players

Logan Waller

Waller Group Properties

Broker

$2.8M

vol

1 deal

Broker

Alamo MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $60 per square foot on a published $2.8M for 46,550 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.61%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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