Haven Housing Acquires 264-Unit Wells Park Apartments In Pflugerville Texas
15001 Strathaven Pass
Building Size
—
Asset Type
MultiFamily
Closing
Jun 27, 2026
AI
The asset involved in this transaction is the Wells Park Apartments, a multifamily property with a total of 264 units. It is located at 15001 Strathaven Pass in Pflugerville, Texas. The acquisition contributes to Haven Housing's expansion in the Austin area, bringing its total portfolio to over 1,000 residences.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Undisclosed
- Address: 15001 Strathaven Pass
- Market: Pflugerville, TX
- Units: 264
- Buyer: Haven Housing
- Broker Firm: Walker & Dunlop
- Broker Representatives: Kevin Dufour, Matt Pohl, Spencer Roy & Forrest Bass
This acquisition was conducted through Haven Housing, which is the multifamily platform of BH Properties. Walker & Dunlop served as the representative for Haven Housing during this transaction.
Players
Pace 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