Indus Management Acquires Multifamily Property In Houston From The Barvin Group
SOLD
+ 3
Texas
See Similar DealsMultiFamily
Sold 01/26/2022
SOLD
Indus Management Acquires Multifamily Property In Houston From The Barvin Group
5500 El Camino Del Rey Street, Houston, Texas 77081, United States
See Similar DealsMultiFamily
Sold 01/26/2022
+ 3
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 5500 El Camino Del Rey and 5900 Bissonnet Street in Houston has been sold. The transaction took place on January 24, 2022. The property consists of 687 units, making it a significant asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Houston
- Units: 687
The buyer of the property is Indus Management, represented by Manu Gupta. The seller in this transaction is The Barvin Group. The deal was facilitated by the brokers Joey Rippel, Chris Young, Jeffrey Skipworth, Kyle Whitney, Todd Marix, and Chris Curry, all from Berkadia.
Players
BUYER
Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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