Lone Star Capital Acquires 300-unit Multifamily In Houston From Performance Properties
SOLD
+ 4
Texas
See Similar DealsMultiFamily
Sold 08/08/2022
SOLD
Lone Star Capital Acquires 300-unit Multifamily In Houston From Performance Properties
5635 Timber Creek Place Drive, Houston, Texas 77084, United States
See Similar DealsMultiFamily
Sold 08/08/2022
+ 4
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
A multifamily property consisting of 300 units located at 5635 Timber Creek Place in Houston has been sold. The transaction took place on 08/08/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 5635 Timber Creek Place
- Market: Houston
- Buyer: Lone Star Capital
- Seller: Performance Properties
- Brokers: Chris Young, Joey Rippel, Kyle Whitney, Jeffrey Skipworth, Chris Curry & Todd Marix - Berkadia
- Mortgage Broker: Johnny King - Berkadia
The deal was facilitated by Berkadia, with brokers Chris Young, Joey Rippel, Kyle Whitney, Jeffrey Skipworth, Chris Curry, and Todd Marix representing both the buyer and seller. Johnny King served as the mortgage broker.
Players
BUYER
Details
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Deal Type
30 years
10 years
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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