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7710 South Main Street

EAS Houston LLC Acquires Multifamily Property In Houston
SOLDMultiFamily

EAS Houston LLC Acquires Multifamily Property In Houston

7710 South Main Street

Building Size

880 SF

Asset Type

MultiFamily

Closing

Mar 11, 2021

AI

A multifamily property located at 7710 S Main St in Houston has been sold in a recent transaction. The property consists of 200 units and was sold by Urban Genesis to EAS Houston LLC. The sale was facilitated by brokers Scott Bray, Ryan Epstein, and Jennifer Ray of Walker & Dunlop.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 7710 S Main St
  • Market: Houston
  • Units: 200

The sale of this multifamily property marks a significant transaction in Houston's real estate market. The involvement of brokers Scott Bray, Ryan Epstein, and Jennifer Ray from Walker & Dunlop demonstrates the expertise and professionalism behind this deal.

Players

Jennifer Ray

Walker & Dunlop

Broker

8 deals

Broker
EL
EAS Houston LLCBuyer

Houston 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