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6531 County Road 110, Round...

CBRE Facilitates Sale Of 198-Unit Multifamily Property In Austin To RightQuest Residential At 6531 Co Rd. 110
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

Building Size

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

Robert Sulentic

CBRE

Broker

$164.9M

vol

7 deals

Broker

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