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4527 North Lamar Boulevard

Updated Nov 11, 2025

David Cohen Of Karlin Real Estate Acquires 274-Unit Multifamily Property In Austin
SOLDMultiFamily

David Cohen Of Karlin Real Estate Acquires 274-Unit Multifamily Property In Austin

4527 North Lamar Boulevard

Units

274

Asset Type

MultiFamily

Closing

Nov 6, 2025

About this deal

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:

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.

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MultiFamily

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Players

Patton Jones

Newmark

Broker

49 deals

Broker
David Cohen

David Cohen

Karlin Real Estate

Buyer

$369.2M

vol

21 deals

Buyer
Bilt advertisement

Austin 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

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