Pegasus Real Estate Acquires 224-Unit Multifamily In San Antonio
384 Treeline Park
Building Size
245,162 SF
Asset Type
MultiFamily
Closing
Apr 7, 2022
AI
Jonas Levy, Ryan Epstein, Matt Pohl, and Forrest Bass have closed a multifamily property transaction in San Antonio. The property, located at 384 Treeline Park, consists of 224 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 384 Treeline Park
- Market: San Antonio
- Units: 224
The buyers of the property are Jonas Levy and Justin Laub from Pegasus Real Estate, along with Thackeray Partners. The deal was facilitated by brokers Ryan Epstein, Forrest Bass, and Matt Pohl from Walker & Dunlop, Inc. Mortgage brokers involved in the transaction were Tom Toland and Matt Newton from Walker & Dunlop.
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