Constellation Group Acquires Multifamily Property In Leander With Buyer's Rep John Carr
665 North Bagdad Road, Leander, TX, USA
Building Size
238,343 SF
Asset Type
MultiFamily
Closing
Mar 21, 2021
AI
A multifamily property located at 665 N. Bagdad Road in Leander has recently been sold. The transaction took place on March 22, 2021. The property consists of 259 units, making it a significant asset in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 665 N. Bagdad Road
- Market: Leander
- Units: 259
The buyer of the property is Constellation Group, represented by Eduardo Otaola. The deal was facilitated by John Carr from Cushman & Wakefield.
Players
Leander 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