SOLDMultiFamily
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
Building Size
—
Asset Type
MultiFamily
Closing
Sep 11, 2022
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.
Players
Cedar Park 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