Updated Oct 29, 2024
Three Pillars Capital Group Acquires Houston Multifamily Property On W Tidwell Rd From Rebus Capital
6150 West Tidwell Road, Houston, Texas 77092, United States
Units
208
Asset Type
MultiFamily
Closing
Dec 23, 2022
About this deal
AI
A multifamily property located at 6150 W Tidwell Rd in Houston has been sold. The property consists of 208 units and was sold by Rebus Capital. The transaction took place on December 23, 2022. The buyer of the property is Three Pillars Capital Group, represented by Gautam Goyal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 6150 W Tidwell Rd
- Market: Houston
- Number of Units: 208
Gautam Goyal, from Three Pillars Capital Group, was the buyer's representative in this transaction.
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