Updated Oct 28, 2024
O-SDA Industries Acquires Multifamily Property In Austin For $14.1M Loan
10010 North Capital of Texas Highway, Austin, Texas 78759, United States
$14,100,000
Units
116
Asset Type
MultiFamily
Closing
Nov 3, 2022
About this deal
AI
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
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93