Greysteel Brokers Multifamily Sale Of 60-Unit Property In San Antonio
6014 Blanco Rd, San Antonio, TX, USA
Building Size
5,880 SF
Asset Type
MultiFamily
Closing
Nov 29, 2021
AI
An apartment complex with 60 units located at 6014 Blanco Rd in San Antonio has been sold. The sale was completed on November 29, 2021, by J.R. Ellis and Paula Orozco-Lapray of Greysteel. The property is a multifamily asset in the San Antonio market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 60
J.R. Ellis and Paula Orozco-Lapray from Greysteel, served as the brokers in this transaction. They facilitated the sale of the apartment complex located at 6014 Blanco Rd in San Antonio. No additional details regarding the transaction amount were provided.
Players
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