Daily limit: 0/10
The Multifamily Group Completes Sale Of 72-Unit Lorenzo Apartments In San Antonio
SOLD
Texas
See Similar DealsMultiFamily
Sold 12/14/2023
SOLD
The Multifamily Group Completes Sale Of 72-Unit Lorenzo Apartments In San Antonio
427 Montrose Street
See Similar DealsMultiFamily
Sold 12/14/2023
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The Multifamily Group, a Dallas-based brokerage firm, has successfully closed the sale of Lorenzo Apartments in San Antonio. The property, consisting of 72 units offering one- and two-bedroom options, sold within a short period of 30 days, demonstrating its resilience in a challenging market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 72
- Address: 427 Montrose Street, San Antonio
- Market: San Antonio
Jon Krebbs, a broker from The Multifamily Group, represented the seller in this transaction. Meanwhile, Christopher Siemasko secured the local owner/operator buyer for the Lorenzo Apartments.
Overall, the successful sale of the Lorenzo Apartments illustrates the expertise and effectiveness of The Multifamily Group in navigating challenging markets and closing deals in a timely manner.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions