Updated Oct 12, 2026
The Connor Group Sells 334-Unit Multifamily Property In Austin
7201 Ranch Rd 2222, Austin, TX, USA
Building Size
1,682,344 SF
Asset Type
MultiFamily
Closing
Nov 17, 2021
About this deal
AI
The Connor Group has sold a multifamily property located at 7201 Ranch Rd 2222 in Austin. The property consists of 334 units and was sold on November 17, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: Not mentioned
- Address: 7201 Ranch Rd 2222
- Market: Austin
- Units: 334
The sale was facilitated by brokers Patton Jones and Andrew Dickson from Newmark. They represented the seller, The Connor Group, in the transaction.
Additionally, the mortgage brokers involved in the deal were Henry Stimler, Bill Weber, and Ari Schwartzbard, all from Newmark.
On the Map
MultiFamily
View full map
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily sales on Traded.
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