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9835 Fredericksburg Road

Robert E. Hart Of TruAmerica Multifamily Acquires 280-Unit Dominion Park Apartments In San Antonio
SOLDMultiFamily

Robert E. Hart Of TruAmerica Multifamily Acquires 280-Unit Dominion Park Apartments In San Antonio

9835 Fredericksburg Road

Building Size

Asset Type

MultiFamily

Closing

Jul 1, 2025

AI

The property involved in the transaction is the Dominion Park Apartments, a multi-family asset consisting of 280 units located at 9835 Fredericksburg Road in San Antonio. The market for this asset is San Antonio, and it was sold to the buyer without the sale price disclosed.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: Undisclosed
  • Units: 280
  • Address: 9835 Fredericksburg Road
  • Market: San Antonio
  • Buyer: Robert E. Hart - TruAmerica Multifamily
  • Broker: Northmarq

The deal was facilitated by Northmarq, which arranged both the sale and the acquisition financing for TruAmerica Multifamily. Additionally, the company plans to renovate unupgraded units within the property following the acquisition.

Players

NorthMarq
NorthMarqBrokerage

Robert E. Hart

TruAmerica Multifamily

Buyer

$912.1M

vol

11 deals

Buyer
TruAmerica Multifamily
TruAmerica MultifamilyBuyer

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