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1101 Halsey Drive

Richard Campo Of Camden Property Trust Acquires MultiFamily Asset In Leander For $67.7M
SOLDMultiFamily

Richard Campo Of Camden Property Trust Acquires MultiFamily Asset In Leander For $67.7M

1101 Halsey Drive

$67,700,000

Building Size

Asset Type

MultiFamily

Closing

Mar 18, 2025

AI

The asset involved in the transaction is a MultiFamily property located at 1101 Halsey Drive in the Leander market. The property sold for $67,700,000.00 and comprises a total of 352 units.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $67,700,000.00
  • Buyer: Richard Campo - Camden Property Trust
  • Seller: Taylor Stone - CESM Real Estate
  • Units: 352
  • Sale Date: 03/18/2025

Richard Campo represents Camden Property Trust in this transaction as the buyer, while Taylor Stone represents CESM Real Estate as the seller. The transaction reflects the engagement of well-established entities in the real estate sector.

Players

Richard Campo

Camden Property Trust

Buyer

$1.7B

vol

2 deals

Buyer
CESM Real Estate
CESM Real EstateSeller

Leander 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

0.23%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93