Updated Oct 28, 2024
MC Companies Acquires Multifamily Property In Pflugerville With Bobby Bull As Buyer
15835 Foothill Farms Loop, Pflugerville, TX 78660, USA
Building Size
350,650 SF
Asset Type
MultiFamily
Closing
Nov 3, 2021
About this deal
AI
15835 Foothill Farms Loop, located in Pflugerville, has been sold in a recent transaction. The multifamily property consists of 455 units, making it a substantial investment opportunity in the market. The sale took place on 11/03/2021, with MC Companies represented by Bobby Bull as the buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 15835 Foothill Farms Loop
- Market: Pflugerville
- Units: 455
The transaction was facilitated by the brokerage firm CBRE, with Michael Thompson and Frances Rodgers representing the buyer, Bobby Bull, from MC Companies. On the seller's side, Charles Cirar, Michael Wardlaw, Colin Cannata, and Connor Moore, all from CBRE, acted as the seller's representatives.
Players
Pflugerville 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