Updated Jan 30, 2024
Three Pillars Capital Group Acquires 243-Unit Multifamily In Pasadena, CA
3823 Red Bluff Road, Pasadena, Texas 77503, United States
Units
243
Asset Type
MultiFamily
Closing
Jun 13, 2022
About this deal
AI
The multifamily property located at 3823 Red Bluff Rd in Pasadena has been sold in a recent transaction. The property consists of 243 units and is part of the Three Pillars Capital Group's portfolio. The deal was facilitated by Josh Welch, a representative from Three Pillars Capital Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 3823 Red Bluff Rd
- Market: Pasadena
- Units: 243
- Seller: Three Pillars Capital Group
- Seller Representative: Josh Welch
In this transaction, Three Pillars Capital Group sold their multifamily property located at 3823 Red Bluff Rd in Pasadena. The deal was facilitated by Josh Welch, who represented the seller. The transaction details such as the sale price and loan amount are not specified in the available information.
Players
Pasadena 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