LIV Development Acquires 30 Acres Of Land In Austin From Pecan Ventures LLC
State Highway 30 & E. Pecan St.
Building Size
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Asset Type
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Closing
Jan 11, 2022
AI
A 30-acre land located at State Highway 30 and E. Pecan St. in Austin has been sold in a recent transaction. The sale took place on January 11, 2022.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Address: State Highway 30 and E. Pecan St., Austin
- Market: Austin
- Acres: 30
The property was acquired by LIV Development, represented by Andrew Murray. The seller of the land was Pecan Ventures LLC. The transaction was facilitated by Ben Fuller and John Carr, who represented the seller as part of Cushman & Wakefield.
Players
Austin CRE Market Snapshot
Boundary boundary · CRE · 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