Updated Oct 28, 2024
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
About this deal
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
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 232
- Seller: Rhodium Capital Advisors
- Buyer: Vista Pacific Inc.
- BROKERS: Paul Yazbeck & Jon Krebbs - The Multifamily Group (TMG)
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
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