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7803 South New Braunfels Av...

Updated Oct 29, 2024

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Internaional Realty Acquires Multifamily Property In San Antonio From Pensam Capital For $Undisclosed Amount
SOLDMultiFamily

Internaional Realty Acquires Multifamily Property In San Antonio From Pensam Capital For $Undisclosed Amount

7803 South New Braunfels Avenue, San Antonio, Texas 78235, United States

Units

300

Asset Type

MultiFamily

Closing

Feb 8, 2023

About this deal

AI

A multifamily property with 300 units located at 7803 South Braunfels Ave. in San Antonio has been sold. The transaction took place on 02/08/2023.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 7803 South Braunfels Ave., San Antonio
  • Market: San Antonio
  • Units: 300

The buyer of the property is Internacional Realty, while the seller is Pensam Capital, represented by Michael Stein. The lender for this transaction is CBRE Capital Markets Inc.

Traded’s record for 7803 South New Braunfels Avenue, San Antonio, Texas 78235, United States in San Antonio, Texas covers a multifamily sale from 2023. Reported inventory is 300 units across 300 units. Named participants on the 7803 South New Braunfels Avenue, San Antonio, Texas 78235, United States sale are Michael Stein. This page is the San Antonio, Texas file for the 7803 South New Braunfels Avenue, San Antonio, Texas 78235, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Antonio sit in the Market section below. Filter that San Antonio multifamily set by closing date to see what else sold near 7803 South New Braunfels Avenue, San Antonio, Texas 78235, United States around 2023. Cite this Internaional Realty Acquires Multifamily Property In San Antonio From Pensam Capital For $Undisclosed Amount sale when underwriting similar multifamily product around San Antonio, Texas.

Players

IR
Internacional RealtyBuyer

Michael Stein

Pensam Capital

Seller

$96.9M

vol

5 deals

Seller

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

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