Disrupt Equity Acquires 198-Unit Multifamily Property In Austin For $30M

The multifamily property located at 1221 Algarita Ave in Austin was recently sold for a total price of $30,000,000. The transaction took place on 07/13/2022. The property consists of 198 units, with an average price per unit of $151,515. The sale was facilitated by Disrupt Equity, acting as the buyer.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $30,000,000
• Units: 198
• Price per Unit: $151,515

Feras Moussa provided the image associated with the property. This successful sale signifies a significant transaction in Austin's real estate market, reflecting the desirability of multifamily assets in the area.