Updated Oct 28, 2024
Knightvest Capital Acquires 270-Unit Multifamily Property In Pflugerville From KC Venture Group
901 New Meister Ln, Pflugerville, TX, USA
Building Size
1,346 SF
Asset Type
MultiFamily
Closing
Jun 1, 2020
About this deal
AI
The multifamily property located at 901 New Meister Ln in Pflugerville has been sold. The transaction took place on 06/01/2021 and involved a total of 270 units. The property was sold by KC Venture Group to Knightvest Capital. The sale was facilitated by broker Patton Jones from Newmark.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 901 New Meister Ln, Pflugerville
- Market: Pflugerville
- Units: 270
The sale of the multifamily property at 901 New Meister Ln in Pflugerville involved the seller, KC Venture Group, and the buyer, Knightvest Capital. The transaction was facilitated by Patton Jones from Newmark.
Players
Pflugerville 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