Updated Oct 28, 2024
Vista Investment Group Acquires Multifamily Property In Austin With Jonathan Barach As Buyer
6300 South Congress Avenue, Austin, Texas 78745, United States
Units
122
Asset Type
MultiFamily
Closing
Jun 1, 2022
About this deal
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.
Traded’s record for 6300 South Congress Avenue, Austin, Texas 78745, United States in Austin, Texas covers a multifamily sale from 2022. Reported inventory is 122 units across 122 units. Will Balthrope, Jordan Featherston, Jonathan Barach, Institutional Property Advisors appear on the sale alongside Institutional Property Advisors, Marcus & Millichap. This page is the Austin, Texas file for the 6300 South Congress Avenue, Austin, Texas 78745, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Austin sit in the Market section below. Filter that Austin multifamily set by closing date to see what else sold near 6300 South Congress Avenue, Austin, Texas 78745, United States around 2022. Cite this Vista Investment Group Acquires Multifamily Property In Austin With Jonathan Barach As Buyer sale when underwriting similar multifamily product around Austin, Texas.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily sales on Traded.
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