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Rastegar Property Company Acquires Residential Property On Berkman Dr. In North Central Austin

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SOLD

Texas

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Co-Op21,678 SF
Sold 06/25/2020
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SOLD

Rastegar Property Company Acquires Residential Property On Berkman Dr. In North Central Austin

6707 Berkman Drive, Austin, TX, USA

See Similar Deals
Co-Op21,678 SF
Sold 06/25/2020
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Summary

TEXAS
Asset Type:Co-Op
Price Per Square Foot:$0
Total Square Footage:21,678 SF
Transaction Type:Sale

The residential property located at 6707 Berkman Dr. in North Central Austin has been sold in a recent transaction. The sale took place on 06/25/2020. The property was purchased by Rastegar Property Company, led by Ari Rastegar, who has been an active buyer of multifamily properties in Austin. Despite the challenges posed by the volatile capital markets during the pandemic, Rastegar Property Company has continued to invest in centrally located properties in the area.

Summary of transaction details

  • Property Type: Residential
  • Transaction Amount: Not specified
  • Address: 6707 Berkman Dr.
  • Market: North Central Austin

Forest Bass from Walker & Dunlop represented Rastegar Property Company as their broker in this transaction.

Players

4 deals$46M volume
BUYER

Details

SOLD
IMAGE: Ari Rastegar & Forest Bass DATE: 06/25/2020 ADDRESS: 6707 Berkman Dr. MARKET: North Central Austin ASSET TYPE: Residential BUYER: Rastegar Property Company - Ari Rastegar BROKER: Forest Bass - Walker & Dunlop NOTE: Rastegar continues to be one of the most active buyers of centrally located multifamily properties in Austin, despite the volatile capital markets landscape during this pandemic.

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