Updated Dec 22, 2023
Long View Equity Acquires 8.7 Acre Commercial Property On Austin's W US 290 Hwy
West US Highway 290, Austin, Texas 78735, United States
Building Size
—
Asset Type
Commercial
Closing
Mar 15, 2022
About this deal
AI
A commercial property spanning 8.7 acres located at W US 290 Hwy in Austin has been sold in a recent transaction. The sale took place on March 16, 2022. The property, captured by Daniel Campbell in an image on Instagram, is situated in the thriving Austin market.
Summary of Transaction Details:
- Property Type: Commercial
- Transaction Amount: Not specified
- Address: W US 290 Hwy
- Market: Austin
- Size: 8.7 acres
Long View Equity, represented by Daniel Campbell and Endeavor Real Estate Group, emerged as the buyer for this commercial property. Additional details about the transaction and the parties involved were not provided.
Players
Austin Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Deal FAQ
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