The Multifamily Group Acquires 6.5 Acre Multifamily Property In San Antonio
4400 Bluemel Rd, San Antonio, TX, USA
Building Size
28,572 SF
Asset Type
MultiFamily
Closing
Jun 9, 2020
AI
The multifamily property located at 4400 Bluemel Rd in San Antonio has been sold. The transaction took place on June 9, 2021, and was facilitated by Bryce Smith from The Multifamily Group. The property spans across 6.5 acres.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 4400 Bluemel Rd, San Antonio
- Market: San Antonio
Bryce Smith from The Multifamily Group played a crucial role as the broker representing the parties involved in the sale of the multifamily property at 4400 Bluemel Rd. Additional details regarding the sale, such as the transaction amount, were not provided.
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