Vista Investment Group Acquires Multifamily Property In Austin With Jonathan Barach As Buyer
6300 South Congress Avenue, Austin, Texas 78745, United States
Building Size
—
Asset Type
MultiFamily
Closing
Jun 1, 2022
AI
A multifamily property located at 6300 South Congress Ave in Austin has been sold. The property consists of 122 units. The sale took place on 06/02/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 6300 South Congress Ave
- Market: Austin
- Number of Units: 122
The buyer of the property is Vista Investment Group, represented by Jonathan Barach. The brokers involved in the transaction are Will Balthrope, Jordan Featherston, and Kent Myers from IPA.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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