Updated Oct 29, 2024
Hilltop Residential Acquires Property At 9757 Pine Lake Dr In Houston Represented By Chris Curry Of Berkadia
9757 Pine Lake Dr, Houston, TX, 77055
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
About this deal
AI
The property involved in the transaction is located at 9757 Pine Lake Dr, Houston, TX, 77055. The sale pertains to a residential asset in the Houston market, but details on the specific characteristics or price of the property are not provided. The size of the property is marked as 0 square feet.
Summary of transaction details:
- Property Type: Residential
- Transaction Amount: Not specified
- Address: 9757 Pine Lake Dr, Houston, TX, 77055
- Market: Houston
- Seller's Representative: Chris Curry - Berkadia
- Buyer: Hilltop Residential
Chris Curry of Berkadia represented the seller in this transaction, ensuring a smooth process for the seller. Hilltop Residential is the buyer in this deal, acquiring the property in the defined Houston market.
On the Map
MultiFamily
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Players
Houston 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