SOLDMultiFamily
CBRE Facilitates Sale Of 198-Unit Multifamily Property In Austin To RightQuest Residential At 6531 Co Rd. 110
6531 County Road 110, Round Rock, Texas 78665, United States
Units
198
Asset Type
MultiFamily
Closing
Sep 1, 2022
AI
The multifamily property located at 6531 Co Rd. 110 in Austin has been sold in a recent transaction. The property consists of 198 units and is part of the multifamily asset category.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 198
The seller of the property was RightQuest Residential, while the transaction was facilitated by CBRE, acting as the broker.
Players
Round Rock MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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