Palladius Capital Management Acquires Multifamily Property In Kyle From Endeavor Real Estate Group
3400 Kyle Crossing, Kyle, Texas 78640, United States
Building Size
—
Asset Type
MultiFamily
Closing
Sep 13, 2022
AI
3400 Kyle Crossing in Kyle has been sold in a recent transaction. The property is a multifamily asset with a total of 342 units. The sale took place on 09/14/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not specified
In this deal, Palladius Capital Management, represented by Nitin Chexal and Nick Maupin, acted as the buyer. On the other side, Endeavor Real Estate Group, represented by G. Nelson Crowe III, acted as the seller.
Kyle MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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