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7210 Potranco Road, San Ant...

Univest Inc Acquires Multifamily Property In San Antonio From White-Conlee Builders - Berkadia Brokers
SOLDMultiFamily

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

Cody Courtney

Broker

1 deal

Broker
Walker & Dunlop
Walker & DunlopBrokerage

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