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Colliers Brokered Sale Of 87-Unit Shoal Pointe Apartments In Texas City
SOLD
Texas
See Similar DealsMultiFamily
Sold 08/01/2025
SOLD
Colliers Brokered Sale Of 87-Unit Shoal Pointe Apartments In Texas City
813 Bay Street North
See Similar DealsMultiFamily
Sold 08/01/2025
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The transaction involved the sale of Shoal Pointe Apartments, a multifamily property located at 813 Bay Street North in Texas City. The asset consists of 87 units and was built in 1970, with partial renovations completed in 2020.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 87
- Address: 813 Bay Street North
- Market: Texas City
- Built: 1970
- Partial Renovation: 2020
Brokers Bob Heard, Chip Nash, and Jaleel Adatia from Colliers represented the undisclosed seller in this transaction. The identity of the private buyer remains undisclosed.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
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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