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5800 Wellington Drive, 6301 Berkman Drive, 6103 Manor Road, 4520 Bennett Avenue & 918 East 40th Street
SOLD

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
clock iconSold 1 year ago
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Summary

Sale
TEXAS
MultiFamily

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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  • Agents

    1

  • Agencies

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Chase Johnson's profile picture
Chase Johnson
Cushman & Wakefield-image
Vice Producer
$43.7M Sold

Details

Deal Summary
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SOLD
IMAGE: Chase Johnson DATE: 08/09/2022 ADDRESS: 5800 Wellington Dr, 6301 Berkman Dr, 6103 Manor Rd, 4520 Bennett Ave & 918 E 40th Street MARKET: Austin ASSET TYPE: Multifamily BUYER: Zion Capital MORTGAGE BROKER: Chase Johnson - Northmarq (@Northmarq) SALE PRICE: $43,700,000 UNITS: 325 ~ PPU: $134,462

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Address5800 Wellington Drive, 6301 Berkman Drive, 6103 Manor Road, 4520 Bennett Avenue & 918 East 40th Street

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