Updated Oct 28, 2024
AZTEX RE Investments LLC Acquires 84-Unit Multifamily Property In Mission
816 Travis Street, Mission, Texas 78572, United States
Units
84
Asset Type
MultiFamily
Closing
Aug 17, 2022
About this deal
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.
Traded’s record for 816 Travis Street, Mission, Texas 78572, United States in Mission, Texas covers a multifamily sale from 2022. Reported inventory is 84 units across 84 units. Phillip (Phil) Grafe, Zar Haro, Bryan VanCura, Moses Siller appear on the sale alongside NorthMarq. This page is the Mission, Texas file for the 816 Travis Street, Mission, Texas 78572, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Mission sit in the Market section below. Filter that Mission multifamily set by closing date to see what else sold near 816 Travis Street, Mission, Texas 78572, United States around 2022. Cite this AZTEX RE Investments LLC Acquires 84-Unit Multifamily Property In Mission sale when underwriting similar multifamily product around Mission, Texas.
Players
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