Updated Oct 28, 2024
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
About this deal
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.
On the Map
MultiFamily
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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