Updated Dec 20, 2023
La Paloma Realty Acquires Retail Property On US-83 BUS In Mission
1514 Us 83 Bus, Mission, Tx 78572, Usa
Building Size
3,309 SF
Asset Type
Retail
Closing
Sep 15, 2020
About this deal
AI
The retail property located at 1514 US-83 BUS in Mission has been sold in a recent transaction. The property has a total area of 3,309 square feet. The sale was facilitated by Larry Leahy & Patricia Rodriguez from RESOLUT RE, acting as the seller's representatives. On the buyer's side, Omar Alanis from La Paloma Realty represented the buyer in the transaction.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
The involvement of Larry Leahy & Patricia Rodriguez from RESOLUT RE as the seller's representatives brought expertise and guidance to the transaction. Omar Alanis from La Paloma Realty represented the buyer and ensured a smooth process. Both parties worked together to successfully close the deal, highlighting the collaboration and professionalism in the Mission market.
Players
Mission Retail Market Snapshot
Boundary boundary · Retail · 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