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7414 Clint Lane

Keller Williams Represents Buyer And Seller In Sale Of 28-Unit Multifamily Complex In San Antonio
SOLDMultiFamily

Keller Williams Represents Buyer And Seller In Sale Of 28-Unit Multifamily Complex In San Antonio

7414 Clint Lane

Building Size

Asset Type

MultiFamily

Closing

Feb 6, 2024

AI

The Buena Vida Apartments, a 28-unit multifamily complex located at 7414 Clint Lane in San Antonio, has been sold in a recent transaction. The property, offering one- and two-bedroom units, was built in 1968.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 28
  • Market: San Antonio

KW Commercial facilitated the sale of the Buena Vida Apartments, with Jaxton Hoelting representing the California-based seller and Jackie Oldbury representing the Texas-based buyer. Both agents are affiliated with Keller Williams, a well-known real estate agency.

Players

Jaxton Hoelting

Rowan Multifamily Advisors

Broker

$11.7M

vol

3 deals

Broker

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