O-SDA Industries Acquires Multifamily Property In Austin For $14.1M Loan
FINANCED
$14,100,000
Texas
See Similar DealsMultiFamily
Financed 11/04/2022
FINANCED
O-SDA Industries Acquires Multifamily Property In Austin For $14.1M Loan
10010 North Capital of Texas Highway, Austin, Texas 78759, United States
See Similar DealsMultiFamily
Financed 11/04/2022
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
O-SDA Industries, represented by Megan Lasch, recently closed a multifamily property transaction in Austin. The property, located at 10010 N Capital of Texas Highway, consists of 116 units. The deal was facilitated by Hunt Capital Partners, who provided a loan amount of $14,100,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,100,000
- Address: 10010 N Capital of Texas Highway, Austin
- Units: 116
- Lender: Hunt Capital Partners
- Landlord: O-SDA Industries - Megan Lasch
Megan Lasch, representing O-SDA Industries, successfully completed the acquisition of the multifamily property situated at 10010 N Capital of Texas Highway. The involvement of Hunt Capital Partners as the lender highlights the cooperation between different parties in the transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,100,000.00
Monthly NOI$94,000.00
Monthly Debt Service$89,121.59
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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