Indus Management Acquires 396-Unit Multifamily Property In Houston From Pryzant Management
SOLD
Texas
See Similar DealsMultiFamily525 SF
Sold 12/04/2020
SOLD
Indus Management Acquires 396-Unit Multifamily Property In Houston From Pryzant Management
7575 Bissonnet Street, Houston, TX, USA
See Similar DealsMultiFamily525 SF
Sold 12/04/2020
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:525 SF
Transaction Type:Sale
The multifamily property located at 7575 Bissonnet Street in Houston was recently sold in a transaction on December 4, 2020. The property features 396 units, making it a significant asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Sale Date: 12/04/2020
- Address: 7575 Bissonnet Street, Houston
- Market: Houston
- Units: 396
- Seller: Pryzant Management
- Buyer: Indus Management
- Brokers: Chris Young & Joey Rippel - JLL
The sale of this multifamily property was facilitated by Chris Young and Joey Rippel from JLL, who represented both the buyer, Indus Management, and the seller, Pryzant Management. Their expertise and negotiation skills were crucial in ensuring a successful transaction.
Players
BUYER
Details
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Deal Type
30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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