Haley Real Estate Group Acquires Apartment Complex At 7550 Country Club Drive, Laredo
7550 Country Club Dr, Laredo, TX 78041, USA
Building Size
776 SF
Asset Type
Other
Closing
Jul 21, 2020
About this deal
AI
The apartment property located at 7550 Country Club Drive in Laredo has recently been sold. The transaction took place on July 22, 2020. The property is an apartment complex consisting of 776 units.
Summary of transaction details:
- Property Type: Apartment
- Transaction Amount: Not specified
- Address: 7550 Country Club Drive
- Market: Laredo
- Units: 260
The buyer of the property is Haley Real Estate Group. The sale was facilitated by the brokers Ryan Epstein, Mike Miller, Will Caruth, Cody Courtney, and Cutt Ableson, who are associated with Berkadia.
Players
Laredo 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