Updated Dec 21, 2023
Fairstead Acquires 105-Unit Multifamily In San Antonio On Instagram
509 Howard Street, San Antonio, Texas 78212, United States
Units
105
Asset Type
MultiFamily
Closing
Jul 31, 2022
About this deal
AI
Jeffrey Goldberg has shared an image on Instagram of a property transaction in San Antonio. The transaction involves the sale of a multifamily property located at 509 Howard St. The property consists of 105 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 509 Howard St
- Market: San Antonio
- Number of Units: 105
Fairstead, represented by Jeffrey Goldberg, is the buyer in this transaction. No additional information about the sale price or other details was provided in the Instagram post.
Players
San Antonio 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