Marcus & Millichap Capital Corporation Arranges $6.15M Loan For Turtle Creek And Amigos Del Sol Multifamily Units In Houston And El Paso | 2800 West T C Jester Boulevard & 10009 Rushing Road | Phillip Gause | MultiFamily | Loan

Summary

Loan

TEXAS

MultiFamily

The closed property transaction involved a multifamily asset located at 2800 W T C Jester Blvd & 10009 Rushing Rd, in the markets of Houston and El Paso. The property consists of 147 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $6,150,000
Loan Terms for Turtle Creek: A seven-year permanent loan with an interest rate of 3.43 percent and an interest-only term of two years
Loan Terms for Amigos del Sol: A seven-year permanent loan with an interest rate of 3.53 percent and an interest-only term of two years

The deal was facilitated by Phillip Gause of Marcus & Millichap Capital Corporation.

Players

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2

Agents
1
Agencies
1

Phillip Gause

First Vice President

Marcus & Millichap

Details

Deal Summary

FINANCED

IMAGE: Phillip Gause DATE: 04/06/2022 ADDRESS: 2800 W T C Jester Blvd & 10009 Rushing Rd MARKET: Houston & El Paso ASSET TYPE: Multifamily ~ UNITS: 147 BROKER: Phillip Gause - Marcus & Millichap Capital Corporation LOAN AMOUNT: $6,150,000 LOAN TERMS: seven-year permanent loan for Turtle Creek has an interest rate of 3.43 percent and an interest-only term of two years & seven-year permanent loan for Amigos del Sol has an interest rate of 3.53 percent and an interest-only term of two years

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Address2800 West T C Jester Boulevard & 10009 Rushing Road

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