SOLDMultiFamily
Marcus & Millichap Brokers Sell Multifamily Property In Austin For $X.XM
2703 Windswept Cove
Building Size
12,576 SF
Asset Type
MultiFamily
Closing
Aug 8, 2022
AI
Located at 2703 Windswept Cove in Austin, this multifamily property has recently been sold. The property consists of 18 units and has a total square footage of 12,576. The transaction took place on August 8, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 18
- Square Footage: 12,576
- Address: 2703 Windswept Cove
- Market: Austin
The sale of this property was facilitated by Kent Myers and James Latimer from Marcus & Millichap. They served as the brokers for the transaction.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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