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412 S Bender Ave, Humble, T...

Updated Dec 19, 2023

Triton North Acquires 170-Unit Multifamily Property In Humble With Ricardo Ciliberto's Representation
SOLDMultiFamily

Triton North Acquires 170-Unit Multifamily Property In Humble With Ricardo Ciliberto's Representation

412 S Bender Ave, Humble, TX 77338

Units

170

Asset Type

MultiFamily

Closing

May 3, 2022

About this deal

AI

The multifamily property located at 412 S Bender Ave in Humble has been sold. The sale took place on May 4, 2022. The property consists of 170 units and is owned by Triton North. Ricardo Ciliberto, representing Triton North, acted as the buyer's representative in this transaction.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: Not provided
  • Address: 412 S Bender Ave, Humble
  • Market: Humble
  • Number of Units: 170
  • Buyer: Triton North - Ricardo Ciliberto

This sale was facilitated by Ricardo Ciliberto, who represented Triton North as the buyer. The transaction details, including the price and any loan amount, have not been disclosed.

Players

Humble 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

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