Updated Dec 19, 2023
Davis Cos. Acquires Multifamily Property In Austin With Jon Davis & Hayden Glade
9345 U.S. 290, Austin, TX, USA
Building Size
934,789 SF
Asset Type
MultiFamily
Closing
Feb 8, 2021
About this deal
AI
A 250-unit multifamily property located at 9345 US-290 in Austin has been sold. The sale took place on 02/09/2021 and was facilitated by Jon Davis & Hayden Glade.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 9345 US-290, Austin
- Market: Austin
- Units: 250
The buyer of the property is the Davis Cos., represented by Jon Davis & Hayden Glade.
Traded’s record for 9345 U.S. 290, Austin, TX, USA in Austin, Texas covers a multifamily sale from 2021. Reported inventory is 934,789 square feet across 250 units, or about 0 per square foot. This page is the Austin, Texas file for the 9345 U.S. 290, Austin, TX, USA 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 9345 U.S. 290, Austin, TX, USA around 2021. Cite this Davis Cos. Acquires Multifamily Property In Austin With Jon Davis & Hayden Glade sale when underwriting similar multifamily product around Austin, Texas.
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
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