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801 C Bar Ranch Trail

Weidner Apartment Homes Acquires 349-Unit Multifamily Property In Cedar Park For $47.3M
SOLDMultiFamily

Weidner Apartment Homes Acquires 349-Unit Multifamily Property In Cedar Park For $47.3M

801 C Bar Ranch Trail

Building Size

Asset Type

MultiFamily

Closing

Aug 12, 2025

AI

The property involved in the transaction is a multifamily asset located at 801 C Bar Ranch Trail in Cedar Park, comprising 349 units. It was acquired for $47.3 million and is 95% occupied. Built in 2020, the property features one- and two-bedroom units with an average size of 899 square feet, and includes amenities such as a pool, clubhouse, gym, and outdoor grilling areas.

Summary of transaction details:

This acquisition marks Weidner Apartment Homes' entry into the Austin market, facilitated by a Fannie Mae-financed loan. The transaction highlights the collaboration of several key brokers and mortgage professionals, ensuring a successful deal for both the buyer and seller.

Players

Patton Jones

Newmark

Broker

49 deals

Broker
Newmark
NewmarkBrokerage

Dean Weidner

Weidner Apartment Homes

Buyer

$318M

vol

7 deals

Buyer
Weidner Apartment Homes
Weidner Apartment HomesBuyer
Starlight Investments
Starlight InvestmentsSeller

Georgetown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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