The Medve Group Acquires 144-unit Multifamily Property In Round Rock, TX From Langdon Street Capital - Marcus & Millichap
1201 E Old Settlers Blvd
Building Size
—
Asset Type
MultiFamily
Closing
Nov 7, 2022
AI
The multifamily property located at 1201 E Old Settlers Blvd in Round Rock, TX has been sold. The transaction took place on 11/07/2022. The property consists of 144 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 1201 E Old Settlers Blvd, Round Rock, TX
- Market: Round Rock, TX
- Units: 144
The buyer of the property is The Medve Group, while the seller is Langdon Street Capital. The deal was facilitated by Jordan Featherston, Kent Myers, and Will Balthrope of Institutional Property Advisors (IPA) - Marcus & Millichap.
Players
Round Rock MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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