Rastegar Property Company Acquires 30-Unit Multifamily Property In Austin
SOLD
Texas
See Similar DealsMultiFamily19,685 SF
Sold 11/10/2020
SOLD
Rastegar Property Company Acquires 30-Unit Multifamily Property In Austin
709 Lamar Pl, Austin, TX 78752, USA
See Similar DealsMultiFamily19,685 SF
Sold 11/10/2020
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:19,685 SF
Transaction Type:Sale
The multifamily property located at 709 Lamar Place in Austin has been sold in a recent transaction. The property consists of 30 units and was sold by Rastegar Property Company, represented by Ari Rastegar.
Summary of transaction details
- Property Type: Multifamily
- Transaction Date: 11/10/2020
- Address: 709 Lamar Place
- Market: Austin
- Units: 30
- Seller: Rastegar Property Company
- Buyer: Ari Rastegar
Ari Rastegar, from Rastegar Property Company, played a key role in the transaction as the buyer. This transaction demonstrates the continued interest and activity in the Austin multifamily market.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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