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1701 S Heatherwilde Blvd, P...

Marcus & Millichap Brokers Sell 300-Unit Multifamily Property In Pflugerville
SOLDMultiFamily

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

Jordan Featherston

Institutional Property Advisors

Broker

$350M

vol

11 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Pflugerville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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