Updated Dec 21, 2023
Tides Equities Acquires 636-Unit Multifamily Property In Austin
9811 Copper Creek Drive, Austin, TX 78729
Units
636
Asset Type
MultiFamily
Closing
Jan 14, 2022
About this deal
AI
The multifamily property located at 9811 Copper Creek Drive in Austin has been sold. The property consists of 636 units and was sold on January 14, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 9811 Copper Creek Drive
- Market: Austin
- Units: 636
The buyers of the property are Sean Kia and Ryan Andrade, representing Tides Equities.
Traded’s record for 9811 Copper Creek Drive, Austin, TX 78729 in Austin, Texas covers a multifamily sale from 2022. Reported inventory is 636 units across 636 units. This page is the Austin, Texas file for the 9811 Copper Creek Drive, Austin, TX 78729 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 9811 Copper Creek Drive, Austin, TX 78729 around 2022. Cite this Tides Equities Acquires 636-Unit Multifamily Property In Austin 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