Carr Properties Acquires Office Building In Austin With Oliver Carr & John Schissel
100 Congress Ave, Austin, TX, USA
Building Size
419,785 SF
Asset Type
Office
Closing
May 16, 2021
About this deal
AI
The property involved in the transaction is an office located at 100 Congress Ave Suite 2000 in Austin. It spans a total area of 419,785 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Date: 05/17/2021
- Market: Austin
In this deal, Carr Properties, represented by Oliver Carr & John Schissel, acted as the buyer.
Traded’s record for 100 Congress Ave, Austin, TX, USA in Austin, Texas covers a office sale from 2021. The building is 419,785 square feet, implying about 0 per square foot on the published price. This page is the Austin, Texas file for the 100 Congress Ave, Austin, TX, USA office sold: pricing, party profiles, and other closed office comps from the same Austin sit in the Market section below. Filter that Austin office set by closing date to see what else sold near 100 Congress Ave, Austin, TX, USA around 2021. Cite this Carr Properties Acquires Office Building In Austin With Oliver Carr & John Schissel sale when underwriting similar office product around Austin, Texas.
Players
Austin Office Market Snapshot
Boundary boundary · Office · 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