Updated Dec 20, 2023
Disrupt Equity Acquires Multifamily Property With 369 Units In Austin
2101 Burton Drive, Austin, Texas 78741, United States
Units
369
Asset Type
MultiFamily
Closing
Aug 22, 2022
About this deal
AI
The multifamily property located at 2101 Burton Dr in Austin has been sold in a recent transaction. The property consists of 369 units and was sold by Feras Moussa. The sale took place on 08/23/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2101 Burton Dr
- Market: Austin
- Units: 369
The buyer in this transaction is Disrupt Equity. No additional details about the buyer or the transaction have been provided.
Traded’s record for 2101 Burton Drive, Austin, Texas 78741, United States in Austin, Texas covers a multifamily sale from 2022. Reported inventory is 369 units across 369 units. This page is the Austin, Texas file for the 2101 Burton Drive, Austin, Texas 78741, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Austin sit in the Market section below. Filter that Austin multifamily set by closing date to see what else sold near 2101 Burton Drive, Austin, Texas 78741, United States around 2022. Cite this Disrupt Equity Acquires Multifamily Property With 369 Units In Austin sale when underwriting similar multifamily product around Austin, Texas.
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