Updated Dec 22, 2023
Strategic Properties Of North America & North Point Capital Group Acquire Multifamily Asset In San Antonio, TX
819 Augusta Street, San Antonio, Texas 78215, United States
Building Size
207,348 SF
Asset Type
MultiFamily
Closing
Jan 18, 2022
About this deal
AI
A multifamily property located at 819 Augusta Street in San Antonio, TX has been sold. The transaction took place on January 19, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Sale Date: 01/19/2022
- Address: 819 Augusta Street
- Market: San Antonio, TX
The buyer of this property is Strategic Properties of North America and North Point Capital Group, represented by David P. Zar and Shawn Hakimian.
The multifamily property consists of 260 units and spans a total of 207,348 square feet.
Players
San Antonio MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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