facebook
Traded Co logo
Submit

Treeline Multifamily Partners Acquires 352-Unit Multifamily Property In East Austin

Property Image
SOLD

Texas

See Similar Deals
MultiFamily2,280 SF
Sold 12/17/2021
the dealplayerscompscontact
Property Image
SOLD

Treeline Multifamily Partners Acquires 352-Unit Multifamily Property In East Austin

720 Airport Boulevard, Austin, TX 78702

See Similar Deals
MultiFamily2,280 SF
Sold 12/17/2021
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:2,280 SF
Transaction Type:Sale

A multifamily property located at 720 Airport Blvd in East Austin has been sold in a recent transaction. The property consists of 352 units and was sold by Ardent Residential and Monterrey & Delta Development. The transaction took place on 12/17/2021, with Treeline Multifamily Partners Ltd. as the buyer. The sale was facilitated by brokers Patton Jones and Andrew Dickson from Newmark. The total transaction amount and other financial details were not disclosed.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Units: 352
  • Address: 720 Airport Blvd
  • Market: East Austin

In addition to the buyer and seller, the transaction involved Timothy Weldon from Newmark as the mortgage broker. Further details about the buyer, seller, and mortgage terms were not provided in the available information.

Players

Patton Jones
49 deals
BROKER

Andrew Dickson
Newmark
21 deals
BROKER

Timothy Weldon
Newmark
1 deal
BROKER

BUYER

Details

SOLD
IMAGE: Andrew Dickson & Patton Jones DATE: 12/17/2021 ADDRESS: 720 Airport Blvd MARKET: East Austin ASSET TYPE: Multifamily ~ UNITS: 352 BUYER: Treeline Multifamily Partners Ltd. SELLER: Ardent Residential and Monterrey & Delta Development BROKERS: Patton Jones & Andrew Dickson - Newmark MORTGAGE BROKER: Timothy Weldon - Newmark

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
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