Updated Oct 28, 2024
TerraCap Management Acquires Multifamily Property In Cedar Park With Buyer's Rep Matt Pohl & Kevin Dufour - Walker & Dunlop
3440 Ranch Trails, Cedar Park, Texas 78613, United States
Units
337
Asset Type
MultiFamily
Closing
Sep 11, 2022
About this deal
AI
Located at 3440 Ranch Trails in Cedar Park, this recently sold multifamily property consists of 337 units. The transaction took place on September 12, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not provided
- Address: 3440 Ranch Trails
- Market: Cedar Park
- Units: 337
The buyer of this property is TerraCap Management, represented by Steve Hagenbuckle. The deal was facilitated by brokers Matt Pohl and Kevin Dufour from Walker & Dunlop.
Traded’s record for 3440 Ranch Trails, Cedar Park, Texas 78613, United States in Cedar Park, Texas covers a multifamily sale from 2022. Reported inventory is 337 units across 337 units. Kevin Dufour, Walker & Dunlop appear on the sale alongside Walker & Dunlop. This page is the Cedar Park, Texas file for the 3440 Ranch Trails, Cedar Park, Texas 78613, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Cedar Park sit in the Market section below. Filter that Cedar Park multifamily set by closing date to see what else sold near 3440 Ranch Trails, Cedar Park, Texas 78613, United States around 2022. Cite this TerraCap Management Acquires Multifamily Property In Cedar Park With Buyer's Rep Matt Pohl & Kevin Dufour - Walker & Dunlop sale when underwriting similar multifamily product around Cedar Park, Texas.
On the Map
MultiFamily
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Players
Cedar Park MultiFamily Market Snapshot
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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