Updated Oct 28, 2024
RockFarmer Acquires 558-Unit Multifamily Property In Austin From Lion Real Estate Group
7900 San Felipe Boulevard, Austin, Texas 78729, United States
Units
558
Asset Type
MultiFamily
Closing
Apr 24, 2022
About this deal
AI
Three multifamily properties in Austin have recently been sold in a closed transaction. The properties include 7900 San Felipe Blvd, 12330 Metric Boulevard, and 2201 Willow Creek Dr. This multifamily portfolio comprises a total of 558 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Market: Austin
- Units: 558
RockFarmer has acquired the properties from Lion Real Estate Group. The transaction was facilitated by the brokers, Jim Young and Chase Easley, from Newmark.
Traded’s record for 7900 San Felipe Boulevard, Austin, Texas 78729, United States in Austin, Texas covers a multifamily sale from 2022. Reported inventory is 558 units across 558 units. Chase Easley, James "Jim" Young, Newmark appear on the sale alongside Newmark. This page is the Austin, Texas file for the 7900 San Felipe Boulevard, Austin, Texas 78729, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Austin sit in the Market section below. Filter that Austin multifamily set by closing date to see what else sold near 7900 San Felipe Boulevard, Austin, Texas 78729, United States around 2022. Cite this RockFarmer Acquires 558-Unit Multifamily Property In Austin From Lion Real Estate Group sale when underwriting similar multifamily product around Austin, Texas.
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