Independence Commercial Advisors Acquires Multifamily Property In San Antonio With 256 Units
8727 Huebner Road, San Antonio, TX 78240
Building Size
—
Asset Type
MultiFamily
Closing
Jan 21, 2022
AI
A multifamily property located at 8727 Huebner Rd in San Antonio has recently been sold. The transaction took place on January 21, 2022, with a total of 256 units being involved in the sale. The property was represented by Michael Moffitt from Independence Commercial Advisors (ICA).
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 8727 Huebner Rd
- Market: San Antonio
- Units: 256
The sale of this multifamily property was facilitated by Michael Moffitt, who represents Independence Commercial Advisors (ICA). The deal highlights the successful transaction of the property in San Antonio.
San Antonio 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