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9835 Fredericksburg Road, S...

GVA Real Estate Group Acquires 280-Unit Multifamily Property In San Antonio
SOLDMultiFamily

GVA Real Estate Group Acquires 280-Unit Multifamily Property In San Antonio

9835 Fredericksburg Road, San Antonio, TX 78240, USA

Building Size

Asset Type

MultiFamily

Closing

Dec 8, 2021

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.

Players

Chip Nash

Colliers

Broker

21 deals

Broker
Real Estate Group
Real Estate GroupBuyer

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