TerraCap Management Acquires MultiFamily Property In Cedar Park, TX For Walker & Dunlop

The property involved in this transaction is Latitude at Presidio, a 337-unit apartment community located at 3440 Ranch Trails, Cedar Park, TX, within the Cedar Park market. The apartment complex includes one-, two- and three-bedroom units, with an average size of 959 square feet. The property is equipped with various amenities, such as a pool, game room, outdoor grilling and dining stations, fitness center, coffee bar, and a dog park.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not Disclosed
• Address: 3440 Ranch Trails, Cedar Park, TX
• Market: Cedar Park
• Seller's Representative: Matt Pohl-Walker & Dunlop
• Buyer: TerraCap Management

Matt Pohl and Kevin Dufour from Walker & Dunlop represented the undisclosed seller in this transaction, facilitating the acquisition by the Florida-based investment firm TerraCap Management.