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1099 Lago Vista Boulevard

Updated Oct 19, 2026

Ryan Franckhauser Of KW Commercial Brokers Sale Of 40-Unit Country Villa Apartments In Eastland
SOLDMultiFamily

Ryan Franckhauser Of KW Commercial Brokers Sale Of 40-Unit Country Villa Apartments In Eastland

1099 Lago Vista Boulevard

Building Size

34,800 SF

Asset Type

MultiFamily

Closing

Oct 9, 2026

About this deal

AI

The Country Villa Apartments, located at 1099 Lago Vista Boulevard in Eastland, TX, is a multifamily asset featuring 40 units within a total of 34,800 square feet. The property, constructed in 1987, comprises a mix of one- and two-bedroom units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 40
  • Square Footage: 34,800
  • Address: 1099 Lago Vista Boulevard
  • Market: Eastland
  • Broker: Ryan Franckhauser - KW Commercial
  • Loan Assumption: Freddie Mac at 3.78% interest rate

Ryan Franckhauser of KW Commercial represented the seller in this transaction, facilitating the deal and the loan assumption process for the property.

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Ryan Franckhauser

KW Commercial

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Eastland MultiFamily Market Snapshot

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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

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