Updated Dec 21, 2023
Sunrise Capital, Zane Holdings, & Goodegg Investments Acquires 351-Unit Multifamily In Spring
4910 Spring Cypress Rd, Spring, TX, USA
Building Size
1,310 SF
Asset Type
MultiFamily
Closing
Sep 6, 2021
About this deal
AI
The multifamily property located at 4910 Spring Cypress Rd in Spring was recently sold in a closed transaction on September 7, 2021. The property consists of 351 units and is situated in the Spring market. No additional details were provided regarding the property's characteristics or market value.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 351
- Address: 4910 Spring Cypress Rd
- Market: Spring
The buyers involved in the transaction include Sunrise Capital, Zane Holdings, and Goodegg Investments. No further information was given regarding their roles or affiliations in the deal.
Players
Spring MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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