DJE Texas Management Group Sells 130-Unit Apartment In San Antonio
11300 Roszell Street, San Antonio, TX, USA
Building Size
15,048 SF
Asset Type
Other
Closing
Jul 22, 2020
AI
The asset involved in this transaction is an apartment located at 11300 Roszell Street in San Antonio. The property features a total of 130 units.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: Not disclosed
- Address: 11300 Roszell Street
- Market: San Antonio
- Seller: DJE Texas Management Group
- Brokers: Devin Elder & Bryce Smith - The Multifamily Group
Devin Elder and Bryce Smith, representing The Multifamily Group, facilitated the sale, marking an achievement for Smith, who has successfully completed four transactions in the San Antonio market within the last 13 months.
Players
San Antonio Other Market Snapshot
Boundary boundary · Other · 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