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1100 Willow Springs Road, K...

Vista Pacific Inc. Acquires 232-Unit Multifamily In Killeen
SOLDMultiFamily

Vista Pacific Inc. Acquires 232-Unit Multifamily In Killeen

1100 Willow Springs Road, Killeen, Texas 76549, United States

Building Size

165,328 SF

Asset Type

MultiFamily

Closing

May 25, 2022

AI

1100 Willow Springs Rd in Killeen has been sold in a recent transaction. The property is a multifamily asset with a total of 232 units. The sale took place on 05/26/2022.

Summary of transation details

Paul Yazbeck and Jon Krebbs of The Multifamily Group (TMG) represented the buyer and seller in this transaction for 1100 Willow Springs Rd. This deal was facilitated by their expertise in the Killeen market.

Players

Paul Yazbeck

The Multifamily Group

Broker

16 deals

Broker
VI
Vista Pacific Inc.Buyer
RA
Rhodium Capital AdvisorsSeller

Killeen MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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