The Preiss Company Acquires Student Housing In Lubbock With Buyer's Rep John Preiss, Mortgage Brokers Newmark
SOLD
Texas
See Similar DealsOther383,793 SF
Sold 11/29/2021
SOLD
The Preiss Company Acquires Student Housing In Lubbock With Buyer's Rep John Preiss, Mortgage Brokers Newmark
2001 9th Street, Lubbock, TX, USA
See Similar DealsOther383,793 SF
Sold 11/29/2021
Summary
TEXAS
Asset Type:Other
Price Per Square Foot:$0
Total Square Footage:383,793 SF
Transaction Type:Sale
The property involved in this closed transaction is a student housing asset located at 2001 9th Street in Lubbock. The property consists of 847 beds, catering specifically to student accommodation.
Summary of transaction details
- Property Type: Student Housing
- Transaction Amount: Not Available
- Address: 2001 9th Street
- Market: Lubbock
- Buyer: The Preiss Company - John Preiss
- Mortgage Brokers: Ben Roelke & Ian Walker - Newmark
The buyer in this transaction is The Preiss Company, represented by John Preiss. The mortgage brokers involved in this deal are Ben Roelke and Ian Walker from Newmark.
Players
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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