ClearWorth Capital LLC Acquires Property In Houston Represented By Connor Phillips And Joey Rippel
SOLD
Texas
See Similar DealsMultiFamily
SOLD
ClearWorth Capital LLC Acquires Property In Houston Represented By Connor Phillips And Joey Rippel
8410 W Bartell Dr, Houston, TX, 77054
See Similar DealsMultiFamily
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Sale
The Edge at City Centre is a 284-unit multifamily community located at 8410 W Bartell Dr, Houston, TX, 77054. Built in 1983, the property features a mix of one- and two-bedroom units, averaging 765 square feet. Amenities include two pools, a business center, a fitness center, and a Wi-Fi lounge. The property was 94 percent occupied at the time of sale and is situated in the Houston market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not Disclosed
- Buyer: ClearWorth Capital LLC
- Seller: 29th Street Capital
- Buyer's Representative: Connor Phillips - HFF, Joey Rippel - Berkadia
- Seller's Representative: Chris Young - Compass
Chris Young represented the seller, 29th Street Capital, while Connor Phillips and Joey Rippel served as representatives for the buyer, ClearWorth Capital LLC, facilitating the transaction.
Players
SELLER
Details
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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