SOLDMultiFamily
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
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.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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