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Sterling Equities Acquires Multifamily Property In Austin From The Michaels Organization

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SOLD

Texas

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MultiFamily
Sold 08/30/2022
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Property Image
SOLD

Sterling Equities Acquires Multifamily Property In Austin From The Michaels Organization

5700 East Riverside Drive, Austin, Texas 78741, United States

See Similar Deals
MultiFamily
Sold 08/30/2022
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Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property located at 5700 E. Riverside Dr. in Austin has been sold in a recent transaction. The property consists of 306 units and was part of a closed sale.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified

The buyer of the property is Sterling Equities, while the seller is The Michaels Organization, represented by Michael Flannagan and Chris Brookshire. The sale was facilitated by brokers Kelly Witherspoon and Michael Gonzalez from Berkadia.

Players

Kelly Witherspoon
3 deals
BROKER

Michael Gonzalez
Berkadia
4 deals$7.1M volume
BROKER

BUYER


Details

SOLD
IMAGE: Kelly Witherspoon & Michael Gonzalez DATE: 08/30/2022 ADDRESS: 5700 E. Riverside Dr. MARKET: Austin ASSET TYPE: Multifamily ~ UNITS: 306 BUYER: Sterling Equities SELLER: The Michaels Organization - Michael Flannagan & Chris Brookshire BROKERS: Kelly Witherspoon & Michael Gonzalez - Berkadia (@Berkadia)

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