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9617 Great Hills Trail, Aus...

Embrey Acquires Multifamily Property In Austin With Buyer's Rep Alex Sampson And Brokers Matt Pohl & Spencer Roy
SOLDMultiFamily

Embrey Acquires Multifamily Property In Austin With Buyer's Rep Alex Sampson And Brokers Matt Pohl & Spencer Roy

9617 Great Hills Trail, Austin, Texas 78759, United States

Building Size

600 SF

Asset Type

MultiFamily

Closing

May 16, 2022

AI

The multifamily property located at 9617 Great Hills Trl in Austin has been sold in a recent transaction. The property consists of 252 units and was sold on 05/17/2022.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 9617 Great Hills Trl
  • Market: Austin
  • Units: 252

The buyer of the property was Embrey, represented by Alex Sampson. The brokers involved in the deal were Matt Pohl and Spencer Roy from Walker & Dunlop. Additionally, the mortgage brokers Patrick Short and Tom Toland, also from Walker & Dunlop, assisted in securing the financing for the transaction.

Players

Spencer Roy

Walker & Dunlop

Broker

5 deals

Broker

Alex Sampson

Embrey

Buyer

2 deals

Buyer

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