Zion Capital Acquires Austin Multifamily Portfolio For $43.7M
5800 Wellington Drive, 6301 Berkman Drive, 6103 Manor Road, 4520 Bennett Avenue & 918 East 40th Street
MultiFamily
Sold 1 year ago
Summary
The multifamily properties located at 5800 Wellington Dr, 6301 Berkman Dr, 6103 Manor Rd, 4520 Bennett Ave, and 918 E 40th Street in Austin have been sold for a total price of $43,700,000. The transaction took place on 08/09/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $43,700,000
- Units: 325
- Price Per Unit (PPU): $134,462
Zion Capital acquired the properties. Chase Johnson, representing Northmarq, served as the mortgage broker for the transaction.
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5800 Wellington Drive, 6301 Berkman Drive, 6103 Manor Road, 4520 Bennett Avenue & 918 East 40th Street
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