Updated Dec 21, 2023
Archway Equities & CAF Capital Partners Acquire Multifamily Property At 1801 Wells Branch Parkway In Austin
1801 Wells Branch Parkway, Austin, TX 78728, USA
Building Size
1,070 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
About this deal
AI
Archway Equities and CAF Capital Partners have completed the purchase of a multifamily property in Austin. The property, located at 1801 Wells Branch Parkway, consists of 504 units. The transaction was finalized on August 31, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1801 Wells Branch Parkway
- Market: Austin
- Buyer: Archway Equities and CAF Capital Partners - Jack Alexander
Jack Alexander, representing Archway Equities and CAF Capital Partners, played a key role in the transaction as their broker representative.
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