Updated Sep 11, 2026
RC Investment Properties Acquires 24-Unit Multifamily In Houston
8601 Meta Street
Building Size
16,896 SF
Asset Type
MultiFamily
Closing
Mar 15, 2023
About this deal
AI
An off-market multifamily property located at 8601 Meta Street in Houston has been sold. The property consists of 24 units and was sold by RC Investment Properties. The transaction took place on March 15, 2023.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 24
- Buyer: RC Investment Properties - Michael Rosen & Bradley Couch
RC Investment Properties, represented by Michael Rosen & Bradley Couch, successfully acquired this off-market multifamily property in Houston. The specific sale price was not disclosed. The transaction involved 24 units, providing a significant investment opportunity for RC Investment Properties.
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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