Jesse Mamuhewa And David McCutchan Acquire Multifamily Asset On Thornton Road From Partners Group
SOLD
Texas
See Similar DealsMultiFamily90,549 SF
Sold 08/30/2024
SOLD
Jesse Mamuhewa And David McCutchan Acquire Multifamily Asset On Thornton Road From Partners Group
2501 Thornton Road
See Similar DealsMultiFamily90,549 SF
Sold 08/30/2024
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:90,549 SF
Transaction Type:Sale
The property involved in the transaction is a multifamily asset located at 2501 Thornton Road in Austin. It comprises 104 units and has a total square footage of 90,549.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 2501 Thornton Road
- Market: Austin
- Units: 104
- Square Footage: 90,549
- Buyer: Jesse Mamuhewa & David McCutchan - Resolute Capital
- Seller: Partners Group
- Broker: Andrew Dickson & Patton Jones - Newmark
The deal featured Jesse Mamuhewa and David McCutchan representing Resolute Capital as the buyers, while Partners Group served as the seller. The transaction was facilitated by brokers Andrew Dickson and Patton Jones from Newmark.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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