David Cohen Of Karlin Real Estate Acquires 274-Unit Multifamily Property In Austin
4527 North Lamar Boulevard
Building Size
—
Asset Type
MultiFamily
Closing
Nov 6, 2025
AI
The property asset involved in the transaction is a multifamily property located at 4527 North Lamar Boulevard in Austin, comprising 274 units. This acquisition was made by Karlin Real Estate.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: Not disclosed
- Units: 274
- Address: 4527 North Lamar Boulevard
- Market: Austin
- Buyer: David Cohen - Karlin Real Estate
- Broker Representatives: Patton Jones, Andrew Dickson, Brian O’Boyle Jr & Brian Murphy - Newmark
- Mortgage Brokers: Jonathan Firestone, Blake Thompson & Travis Bailey - Newmark
The transaction included representation by Newmark, which served as the broker for the seller and also arranged acquisition financing for Karlin Real Estate through its capital markets team.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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