Updated Dec 19, 2023
Bell Partners Acquires Multifamily Property On Elmont Dr In Austin
2515 Elmont Drive, Austin, TX 78741, USA
Building Size
1,225 SF
Asset Type
MultiFamily
Closing
Aug 27, 2021
About this deal
AI
A multifamily property located at 2515 Elmont Dr in Austin has been sold. The transaction took place on 08/27/2021. The property consists of 339 units and is owned by Bell Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not available
- Address: 2515 Elmont Dr
- Market: Austin
- Units: 339
Jon D. Bell of Bell Partners was the buyer in this transaction.
Traded’s record for 2515 Elmont Drive, Austin, TX 78741, USA in Austin, Texas covers a multifamily sale from 2021. Reported inventory is 1,225 square feet across 339 units, or about 0 per square foot. This page is the Austin, Texas file for the 2515 Elmont Drive, Austin, TX 78741, USA 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 2515 Elmont Drive, Austin, TX 78741, USA around 2021. Cite this Bell Partners Acquires Multifamily Property On Elmont Dr 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