Updated Oct 28, 2024
GVA Real Estate Group Acquires 280-Unit Multifamily Property In San Antonio
9835 Fredericksburg Road, San Antonio, TX 78240, USA
Units
280
Asset Type
MultiFamily
Closing
Dec 8, 2021
About this deal
AI
An apartment complex located at 9835 Fredericksburg Road in San Antonio has been sold in a recent transaction. The multifamily property consists of 280 units and was sold by GSSW Dominion LLC to GVA Real Estate Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 9835 Fredericksburg Road, San Antonio
- Market: San Antonio
- Number of Units: 280
Representing the buyer, GVA Real Estate Group, were Chip Nash, Bob Heard, and J. Todd Stewart from Colliers Houston Multifamily Team. They facilitated the acquisition of the property on behalf of their client.
On the Map
MultiFamily
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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