Orion Real Estate Partners Acquires Multifamily Property In San Marcos For $Undisclosed
900 Peques Street, San Marcos, TX 78666
Building Size
113,773 SF
Asset Type
MultiFamily
Closing
Dec 28, 2021
AI
The multifamily property located at 900 Peques St in San Marcos, TX has been sold in a recent transaction. The property spans across 9 acres and consists of 155 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 900 Peques St
- Market: San Marcos, TX
- Units: 155
- Acres: 9
Orion Real Estate Partners, represented by Marc Venegas, has acquired the multifamily property located at 900 Peques St in San Marcos, TX. The seller in this transaction was The Jacobson Company.
San Marcos 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