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9601 Middle Fiskville Road,...

Comunidad Partners Acquires 200-Unit Multifamily Property In Austin
SOLDMultiFamily

Comunidad Partners Acquires 200-Unit Multifamily Property In Austin

9601 Middle Fiskville Road, Austin, TX 78753, USA

Building Size

181,770 SF

Asset Type

MultiFamily

Closing

Oct 1, 2021

AI

Comunidad Partners, led by Horacio Villarreal, has acquired a multifamily property located at 9601 Middle Fiskville Rd in Austin. The transaction, which took place on October 1, 2021, involved the purchase of a 200-unit complex.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: Not disclosed
  • Address: 9601 Middle Fiskville Rd
  • Market: Austin
  • Buyer: Comunidad Partners - Horacio Villarreal
  • Seller: One Real Estate Investment - Jeronimo Hirschfeld
  • Brokers: John Carr & Ben Fuller - Cushman & Wakefield

The seller, One Real Estate Investment, was represented by Jeronimo Hirschfeld. The buyer, Comunidad Partners, was represented by Horacio Villarreal. The deal was facilitated by the brokers John Carr and Ben Fuller from Cushman & Wakefield.

Players

John Carr

Cushman & Wakefield

Broker

9 deals

Broker
CP
Comunidad PartnersBuyer
Jeronimo Hirschfeld

Jeronimo Hirschfeld

One Real Estate Investment

Seller

$62.5M

vol

4 deals

Seller

Austin 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