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Jackson Su & George Huang O...

Jackson Su & George Huang Of Bridge Tower Partners Sell 375-Home Rental Portfolio Across Texas Georgia North Carolina
SOLDSingle Family Residence

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:

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

Jim Humphries

JLL

Broker

5 deals

Broker
JLL
JLLBrokerage

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