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
Mission MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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