Galium Capital, LLC Acquires 361-unit Multifamily Property In Houston
6363 San Felipe St, Houston, TX 77057, USA
Building Size
685 SF
Asset Type
MultiFamily
Closing
Sep 24, 2020
AI
The multifamily property located at 6363 San Felipe Street in Houston was recently sold in a transaction dated September 25, 2020. The property consists of 361 units and was acquired by Galium Capital, LLC, with Jacques Bessoudo representing the buyer. The sale of this property was facilitated by Jordon Emmott from National Apartment Advisors and Matthew Wallach from Walker & Dunlop.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 6363 San Felipe Street, Houston
- Market: Houston
- Units: 361
The transaction involved the sale of a multifamily property located at 6363 San Felipe Street in Houston. The deal was closed on September 25, 2020, and encompassed a total of 361 residential units. Galium Capital, LLC, represented by Jacques Bessoudo, acted as the buyer in this transaction. The sale was facilitated by Jordon Emmott from National Apartment Advisors and Matthew Wallach from Walker & Dunlop. Additional details regarding the transaction amount were not provided in the available information.
Players
Houston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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