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4527 North Lamar Boulevard

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

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:

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

Patton Jones

Newmark

Broker

49 deals

Broker
David Cohen

David Cohen

Karlin Real Estate

Buyer

$369.2M

vol

21 deals

Buyer

Austin 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