Updated Mar 11, 2026
Velocis Acquires Multifamily Property At 5655 UTSA Boulevard In San Antonio
5655 UTSA Boulevard, San Antonio, TX, USA
Building Size
59,305 SF
Asset Type
MultiFamily
Closing
Oct 25, 2021
About this deal
AI
A multifamily property located at 5655 UTSA Boulevard in San Antonio has been sold. The property consists of 208 units and was sold in a recent transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 5655 UTSA Boulevard
- Market: San Antonio
- Number of Units: 208
The buyer, Velocis, was represented by Mike Lewis, while the seller, Allen Harrison Co, was represented by Paul Forbes.
Traded’s record for 5655 UTSA Boulevard, San Antonio, TX, USA in San Antonio, Texas covers a multifamily sale from 2021. Reported inventory is 59,305 square feet across 208 units, or about 0 per square foot. Mike Lewis, Velocis appear on the sale alongside Velocis. This page is the San Antonio, Texas file for the 5655 UTSA Boulevard, 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 5655 UTSA Boulevard, San Antonio, TX, USA around 2021. Cite this Velocis Acquires Multifamily Property At 5655 UTSA Boulevard In San Antonio sale when underwriting similar multifamily product around San Antonio, Texas.
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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