Updated Oct 29, 2024
Apartment Advisors Inc. Sells Multifamily Property In Conroe, Houston
3400 N Loop 336 W, Conroe, TX 77304, USA
Building Size
3,643 SF
Asset Type
MultiFamily
Closing
Apr 28, 1920
About this deal
AI
The multifamily property located at 3400 N Loop 336 W in Houston, Conroe, was recently sold. The sale took place on April 29, 2020. The property was represented by Brian Raynoha from Apartment Advisors Inc.
Summary of transaction details
- Property Type: Multifamily
The sale was facilitated by JLL, with Greg Austin, Chip Nash, Bob Heard, Chris Curry, Todd Marix, Chris Young, Joey Rippel, Kyle Whitney, Tim Leonhard, Mary Davis, and Eric Hightower serving as brokers in the deal.
Players
Conroe MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas 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