Marcus & Millichap Facilitates Sale Of Self Storage Property In Waxahachie, Texas
1021 Ovilla Rd, Waxahachie, Texas 75167, United States
Building Size
61,750 SF
Asset Type
—
Closing
May 21, 2022
About this deal
AI
Located at 1021 Ovilla Road in Waxahachie, this self-storage property was recently sold in a transaction facilitated by Brandon Karr of Marcus & Millichap. The sale took place on May 22, 2022, with the buyer acquiring the asset.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Square Footage: 61,750
- Address: 1021 Ovilla Road, Waxahachie
- Market: Waxahachie
Brandon Karr, representing Marcus & Millichap, served as the broker for this transaction. His expertise and professionalism helped facilitate the successful completion of the deal.
Players
Waxahachie CRE Market Snapshot
Boundary boundary · CRE · 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