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8727 Huebner Road, San Anto...

Independence Commercial Advisors Acquires Multifamily Property In San Antonio With 256 Units
SOLDMultiFamily

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.

Players

Michael Moffitt

Independence Commercial Advisors

Broker

2 deals

Broker

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