Rastegar Property Company Acquires 35-Unit Multifamily In Austin
SOLD
Texas
See Similar DealsMultiFamily26,308 SF
Sold 07/22/2020
SOLD
Rastegar Property Company Acquires 35-Unit Multifamily In Austin
6812 South Congress Avenue
See Similar DealsMultiFamily26,308 SF
Sold 07/22/2020
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:26,308 SF
Transaction Type:Sale
A multifamily property located at 6812 South Congress Avenue in Austin was recently sold. The property consists of 35 units, featuring one- and two-bedroom apartments. At the time of the sale, the property was 94 percent occupied.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Austin
The buyer of the property was Rastegar Property Company, represented by Ari Rastegar.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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