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610 Oxford Street, Houston,...

Greenhouse White Oak Acquires 66-Unit Multifamily Property In Houston
SOLDMultiFamily

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

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

Chip Nash

Colliers

Broker

21 deals

Broker

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