Updated Dec 20, 2023
Catalyst Equity Partners Acquires 176-Unit Multifamily Property In Stafford
3719 Country Place Drive, Stafford, TX 77477
Building Size
1,129 SF
Asset Type
MultiFamily
Closing
Aug 5, 2020
About this deal
AI
Located at 3719 Country Pl Dr in Stafford, this multifamily property recently changed hands in a sale transaction. The property consists of 176 units, making it a significant investment opportunity in the market.
Summary of transaction details:
- Property Type: Multifamily
- Date: 08/05/2021
- Address: 3719 Country Pl Dr
- Market: Stafford
- Units: 176
- Buyer: Catalyst Equity Partners - Shane Thomas
- Seller: Not available
Catalyst Equity Partners, represented by Shane Thomas, acted as the buyer in this transaction. Other details regarding the deal, such as the sale price and loan amount, were not provided in the available information.
Players
Stafford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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