SOLDOffice
Vista Cos. Sells Office Property In Austin For $UndisclosedM
12345 North Lamar Boulevard, Austin, TX 78753
Building Size
115,000 SF
Asset Type
Office
Closing
Jan 21, 2022
AI
A 115,000-square-foot office property located at 12345 North Lamar Boulevard in Austin has been sold in a recent transaction. The sale took place on January 21, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Market: Austin
The property was sold by Vista Cos. The sale was facilitated by Kelsey Shebay and Drew Fuller from JLL.
Players
Austin Office Market Snapshot
Boundary boundary · Office · 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