Updated Oct 29, 2024
Leon Capital Group Sells Luxury Multifamily Community In Georgetown
2300 Wolf Ranch Parkway, Georgetown, TX 78628, USA
Building Size
1,260 SF
Asset Type
MultiFamily
Closing
Jul 1, 2020
About this deal
AI
A luxury multifamily community located at 2300 Wolf Ranch Parkway in Georgetown has been sold in a closed transaction. The property consists of 332 units and was sold by Leon Capital Group, represented by Fernando De Leon. The transaction was facilitated by the broker Patton Jones from Newmark Knight Frank.
Summary of transaction details
- Property Type: Luxury Multifamily Community
- Transaction Amount: Not available
- Units: 332
- Seller: Leon Capital Group – Fernando De Leon
- Broker: Patton Jones – Newmark Knight Frank
The sale of the luxury multifamily community at 2300 Wolf Ranch Parkway in Georgetown was successfully completed with the assistance of broker Patton Jones from Newmark Knight Frank. The property, offering 332 units, was sold by Leon Capital Group, represented by Fernando De Leon. The transaction showcases the expertise and professionalism of the individuals and companies involved in the deal.
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MultiFamily
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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