Harvest Equities Sells San Antonio Multifamily Complex With Bryce Smith Of The Multifamily Group As The Broker
9001 Wurzbach Road, San Antonio, Texas 78240, United States
Building Size
—
Asset Type
MultiFamily
Closing
Jun 15, 2022
AI
Harvest Equities recently sold a multifamily property in San Antonio. The property, located at 9001 Wurzback Rd & 4400 Bluemel Rd, consists of 400 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not provided
- Market: San Antonio
- Address: 9001 Wurzback Rd & 4400 Bluemel Rd
- Units: 400
- Seller: Harvest Equities
- Broker: Bryce Smith - The Multifamily Group (TMG)
The sale was facilitated by Bryce Smith from The Multifamily Group (TMG), who represented both the seller, Harvest Equities, and potentially the buyer. No other details about the transaction, such as the sale price, loan amount, or square footage, were provided.
Players
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