Vista Investment Group Acquires Office Building In Austin For 122 Units
12345 North Lamar Boulevard, Austin, Texas 78753, United States
Units
122
Asset Type
Office
Closing
Jun 5, 2022
About this deal
AI
The office building located at 12345 N Lamar Blvd in Austin has been sold. The sale took place on 06/06/2022, and the transaction involved Vista Investment Group as the buyer. The buyer's representative, Jonathan Barach, facilitated the deal.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Number of Units: 122
- Address: 12345 N Lamar Blvd, Austin
- Market: Austin
This transaction marks the acquisition of the office building by Vista Investment Group, represented by Jonathan Barach. No further details regarding the transaction amount or any financing information were provided.
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