Jackson Su & George Huang Of Bridge Tower Partners Sell 375-Home Rental Portfolio Across Texas Georgia North Carolina
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 3, 2025
AI
The transaction involved the sale of a single-family rental portfolio consisting of 375 units, located across Texas, Georgia, and North Carolina. The portfolio, averaging a vintage of 2018 and featuring a 93.7% occupancy rate, included major concentrations in cities such as Dallas, Houston, Fort Worth, and San Antonio.
Summary of transaction details:
- Property Type: Single Family Rental
- Transaction Amount: Not specified
- Units: 375
- Seller: Jackson Su & George Huang - Bridge Tower Partners
- Brokers: George Huang, Matthew Putterman, Jim Humphries, Daniele Colbertaldo & Casey Sherman - JLL
- Market: Texas, Georgia & North Carolina
JLL Capital Markets facilitated the sale on behalf of Bridge Tower Partners, highlighting the immediate scale and strategic locations of the properties within the portfolio. The collaboration among the brokers played a crucial role in executing the transaction efficiently.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · 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