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4822 Gus Eckert Road, San A...

Updated Dec 21, 2023

Sterling Real Estate Partners Acquires 150-Unit Multifamily In San Antonio
SOLDMultiFamily

Sterling Real Estate Partners Acquires 150-Unit Multifamily In San Antonio

4822 Gus Eckert Road, San Antonio, TX, USA

Building Size

8,256 SF

Asset Type

MultiFamily

Closing

Feb 15, 2021

About this deal

AI

The multifamily property located at 4822 Gus Eckert Road in San Antonio was recently sold. The transaction took place on 02/16/2021 and was recorded by David Zeff, who shared an image of the property on Instagram.

Summary of transaction details

  • Property Type: Multifamily
  • Address: 4822 Gus Eckert Road, San Antonio

The property consists of 150 units and was purchased by Sterling Real Estate Partners, represented by David Zeff.

Traded’s record for 4822 Gus Eckert Road, San Antonio, TX, USA in San Antonio, Texas covers a multifamily sale from 2021. Reported inventory is 8,256 square feet across 150 units, or about 0 per square foot. This page is the San Antonio, Texas file for the 4822 Gus Eckert Road, 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 4822 Gus Eckert Road, San Antonio, TX, USA around 2021. Cite this Sterling Real Estate Partners Acquires 150-Unit Multifamily 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

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