Updated Oct 28, 2024
Greenhouse White Oak Acquires 66-Unit Multifamily Property In Houston
610 Oxford Street, Houston, Texas 77007, United States
Building Size
768 SF
Asset Type
MultiFamily
Closing
Dec 14, 2021
About this deal
AI
The multifamily property located at 610 Oxford St in Houston has been sold in a recent transaction. The property consists of 66 units and was sold by UG Oxford to the buyer, Greenhouse White Oak.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 610 Oxford St
- Market: Houston
- Units: 66
The deal was facilitated by the brokers Jim Humphries, J. Todd Stewart, Chip Nash, and Bob Heard from Colliers. They represented the respective parties involved in the transaction.
Players
Houston 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