SOLDMultiFamily
River Rock Capital Acquires 240-Unit Multifamily In San Antonio From Pradeep Mistry
3631 Callaghan Road, San Antonio, Texas 78238, United States
Building Size
—
Asset Type
MultiFamily
Closing
Aug 17, 2022
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.
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