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7803 South New Braunfels Av...

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

Building Size

Asset Type

MultiFamily

Closing

Feb 8, 2023

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.

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