Vesper Holdings Acquires Student Housing In Houston With 147 Units And 405 Beds
5040 Calhoun Road, Houston, TX 77004, USA
Units
147
Asset Type
Other
Closing
Dec 9, 2021
About this deal
AI
The student housing property located at 5040 Calhoun Road in Houston has been sold. The transaction took place on December 9, 2021. The property is comprised of 147 units with a total of 405 beds.
Summary of transaction details
- Property Type: Student Housing
- Transaction Amount: Not disclosed
- Market: Houston
- Units: 147
- Beds: 405
Vesper Holdings, represented by their broker, was the buyer in this transaction.
Traded’s record for 5040 Calhoun Road, Houston, TX 77004, USA in Houston, Texas covers a other sale from 2021. Reported inventory is 147 units across 147 units. This page is the Houston, Texas file for the 5040 Calhoun Road, Houston, TX 77004, USA other sold: pricing, party profiles, and other closed other comps from the same Houston sit in the Market section below. Filter that Houston other set by closing date to see what else sold near 5040 Calhoun Road, Houston, TX 77004, USA around 2021. Cite this Vesper Holdings Acquires Student Housing In Houston With 147 Units And 405 Beds sale when underwriting similar other product around Houston, Texas.
Players
Houston Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
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