Updated Oct 29, 2024
Claridge Properties Acquires 291-Unit Multifamily Property In Houston
333 Uvalde Road
Building Size
1,024 SF
Asset Type
MultiFamily
Closing
Jan 21, 2021
About this deal
AI
Claridge Properties has acquired a multifamily property in Houston, located at 333 Uvalde Road. The transaction took place on January 21, 2021. The property consists of 291 units and was sold by the seller.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 333 Uvalde Road
- Market: Houston
- Units: 291
Ryan Epstein, Jennifer Ray, and Scott Bray from Berkadia represented Claridge Properties in the deal as the buyer's brokers.
Traded’s record for 333 Uvalde Road in Houston, Texas covers a multifamily sale from 2021. Reported inventory is 1,024 square feet across 291 units, or about 0 per square foot. Ryan Epstein, Jennifer Ray, Walker & Dunlop appear on the sale alongside Walker & Dunlop. This page is the Houston, Texas file for the 333 Uvalde Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Houston sit in the Market section below. Filter that Houston multifamily set by closing date to see what else sold near 333 Uvalde Road around 2021. Cite this Claridge Properties Acquires 291-Unit Multifamily Property In Houston sale when underwriting similar multifamily product around Houston, Texas.
Players
Houston 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