Brixton Capital Acquires Multifamily Property In Boerne
825 Johns Road, Boerne, TX 78006, USA
Building Size
133,864 SF
Asset Type
MultiFamily
Closing
Dec 6, 2021
AI
The multifamily property located at 825 Johns Rd in Boerne has recently been sold in a closed transaction. The property spans a total square footage of 133,864 and consists of 172 units. The transaction took place on 12/06/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: N/A
- Address: 825 Johns Rd, Boerne
- Market: Boerne
- Square Footage: 133,864
- Units: 172
The buyer of the property is Brixton Capital, represented by Jim Hamilton. The seller is MHP Capital Inc. The buyer's representative in the deal is Coleton Burch from Rowan Multifamily Advisors. On the other side, Robert Arzola from JLL represents the seller.
Players
Boerne 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