Univest Inc Acquires Multifamily Property In San Antonio From White-Conlee Builders - Berkadia Brokers
7210 Potranco Road, San Antonio, TX 78251
Building Size
62,872 SF
Asset Type
MultiFamily
Closing
Oct 15, 202
AI
The multifamily property located at 7210 Potranco Road in San Antonio has been sold. The transaction took place on October 16, 2020. The property spans 828 square feet and comprises 338 units. The seller was White-Conlee Builders, while the buyer was Univest Inc.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 10/16/2020
- Address: 7210 Potranco Road
- Market: San Antonio
- Square Footage: 828
- Units: 338
The sale of this multifamily property was facilitated by Ryan Epstein, Michael Miller, Will Caruth, Cody Courtney, and Lucas Donohue of Berkadia acting as the brokers. They represented both the seller, White-Conlee Builders, and the buyer, Univest Inc.
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