Updated Oct 28, 2024
River Rock Capital Acquires 240-Unit Multifamily In San Antonio From Pradeep Mistry
3631 Callaghan Road, San Antonio, Texas 78238, United States
Units
239
Asset Type
MultiFamily
Closing
Aug 17, 2022
About this deal
AI
The multifamily property located at 3631 Callaghan Road in San Antonio has been sold in a recent transaction. The property consists of 240 units and was sold by Pradeep Mistry.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: San Antonio
The buyer of the property is River Rock Capital. The sale was facilitated by brokers Jim Young and Chase Easley from Newmark.
Traded’s record for 3631 Callaghan Road, San Antonio, Texas 78238, United States in San Antonio, Texas covers a multifamily sale from 2022. Reported inventory is 239 units across 239 units. Chase Easley, James "Jim" Young, Newmark appear on the sale alongside Newmark. This page is the San Antonio, Texas file for the 3631 Callaghan Road, San Antonio, Texas 78238, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 3631 Callaghan Road, San Antonio, Texas 78238, United States around 2022. Cite this River Rock Capital Acquires 240-Unit Multifamily In San Antonio From Pradeep Mistry sale when underwriting similar multifamily product around San Antonio, Texas.
Players
San Antonio 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