Updated Dec 21, 2023
The Multifamily Group Acquires 100-Unit Multifamily Property In San Antonio
4303 Blanco Rd, San Antonio, TX, USA
Building Size
86,472 SF
Asset Type
MultiFamily
Closing
Apr 9, 2021
About this deal
AI
A multifamily property located at 4303 Blanco Rd in San Antonio has been recently sold. The transaction took place on 04/10/2021, and it involved the sale of a 100-unit multifamily building.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 4303 Blanco Rd
- Market: San Antonio
- Units: 100
Chris Siemasko and Bryce Smith of The Multifamily Group were the brokers representing the parties involved in the transaction.
Traded’s record for 4303 Blanco Rd, San Antonio, TX, USA in San Antonio, Texas covers a multifamily sale from 2021. Reported inventory is 86,472 square feet across 100 units, or about 0 per square foot. Chris Siemasko, Bryceson (Bryce) Smith, The Multifamily Group appear on the sale alongside The Multifamily Group. This page is the San Antonio, Texas file for the 4303 Blanco Rd, San Antonio, TX, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 4303 Blanco Rd, San Antonio, TX, USA around 2021. Cite this The Multifamily Group Acquires 100-Unit Multifamily Property In San Antonio sale when underwriting similar multifamily product around San Antonio, Texas.
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