Marcus & Millichap Brokers Sell 300-Unit Multifamily Property In Pflugerville
1701 S Heatherwilde Blvd, Pflugerville, TX 78660, USA
Building Size
239,968 SF
Asset Type
MultiFamily
Closing
Aug 24, 2020
AI
Located at 1701 S Heatherwilde Boulevard in Pflugerville, this multifamily property consisting of 300 units was recently sold. The transaction took place on August 25, 2020. The property, owned by Santa Clara, LLC, was listed and represented by the team of Will Balthrope, Jordan Featherston, Drew Garza, and Kent Myers from Marcus & Millichap.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Market: Pflugerville
- Units: 300
The sale of this multifamily property showcases the expertise and professionalism of the team at Marcus & Millichap, including Will Balthrope, Jordan Featherston, Drew Garza, and Kent Myers. Through their efforts, Santa Clara, LLC was able to successfully complete the transaction in Pflugerville.
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