Updated Oct 29, 2024
Oxford At Palo Alto Ltd Acquires 300-Unit Multifamily In Pflugerville
1601 South Heatherwilde Boulevard, Pflugerville, TX 78660, USA
Building Size
800 SF
Asset Type
MultiFamily
Closing
Mar 30, 2021
About this deal
AI
The multifamily property located at 1601 S Heatherwilde Blvd in Pflugerville has been sold in a recent transaction. The sale was completed on 03/31/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1601 S Heatherwilde Blvd, Pflugerville
- Market: Pflugerville
The seller of the property was Palo Alto Luxury Apartments LP, while the buyer was Oxford at Palo Alto Ltd. The transaction involved 300 units in total. The brokers involved in the deal were Will Balthrope, Jordan Featherston, and Drew Kile from IPA, along with Kent Myers from Marcus & Millichap.
On the Map
MultiFamily
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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