Updated Dec 21, 2023
Conti Capital Acquires Multifamily Property In Austin With Carlos Vaz
1625 Edgeworth Bnd, Austin, Texas 78754, United States
Building Size
227,700 SF
Asset Type
MultiFamily
Closing
Feb 6, 2022
About this deal
AI
Conti Capital, represented by Carlos Vaz, has recently completed the purchase of a multifamily property in Austin. The property, located at 1625 Edgeworth Bend, consists of 300 units. The transaction was finalized on February 7, 2022, and the sale was captured in a photograph taken by Carlos Vaz.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1625 Edgeworth Bend
- Market: Austin
- Units: 300
Carlos Vaz, representing Conti Capital, facilitated the acquisition of the property. Further details about the deal, such as the purchase price or any other additional information, have not been provided.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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