Ha Hong Doan Acquires 28-Unit Multifamily Property In Alvin From Steven & Stephanie Wise Family Trust
1004 South Hill Street
Building Size
11,880 SF
Asset Type
MultiFamily
Closing
Jun 14, 2026
AI
The property asset involved in the transaction is a multifamily building located at 1004 South Hill Street in Alvin. The building comprises 28 units and has a total square footage of 11,880.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 28
- Square Footage: 11,880
- Buyer: Ha Hong Doan
- Seller: Steven & Stephanie Wise Family Living Trust
- Seller's Representative: Ryan DeGennaro & Scott Lunine - Partners Real Estate
- Transaction Date: 06/15/2026
- Market: Alvin
Key individuals in this deal include the buyer, Ha Hong Doan, who has acquired the property from the seller, Steven & Stephanie Wise Family Living Trust. The transaction was facilitated by the sellers’ representatives, Ryan DeGennaro and Scott Lunine, who are partners at Partners Real Estate.
Players
Alvin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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