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816 Travis Street, Mission,...

AZTEX RE Investments LLC Acquires 84-Unit Multifamily Property In Mission
SOLDMultiFamily

AZTEX RE Investments LLC Acquires 84-Unit Multifamily Property In Mission

816 Travis Street, Mission, Texas 78572, United States

Building Size

Asset Type

MultiFamily

Closing

Aug 17, 2022

AI

The multifamily property located at 816 Travis St in Mission was sold on 08/18/2022. The property consists of 84 units and was part of a sale transaction.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 816 Travis St
  • Market: Mission
  • Units: 84

The buyer of the property was AZTEX RE Investments LLC. They were represented by Zar Haro, Moses Siller, Phillip Grafe, and Bryan VanCura from Northmarq.

Players

Moses Siller

NorthMarq

Broker

14 deals

Broker

Mission 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