Marcus & Millichap Brokers Acquire Self Storage In Tyler, TX For $49,225 SF
13120 TX-110, Tyler, TX 75704
Building Size
49,225 SF
Asset Type
—
Closing
Jul 14, 2022
About this deal
AI
A self storage property located at 13120 TX-110 in Tyler has recently been sold. The transaction took place on 07/15/2022 and was facilitated by brokers Danny Cunningham and Brandon Karr from Marcus & Millichap. The property, with a total square footage of 49,225, was listed for sale in the market of Tyler.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: N/A
- Address: 13120 TX-110
- Market: Tyler
- Brokers: Danny Cunningham & Brandon Karr - Marcus & Millichap
Danny Cunningham and Brandon Karr, from Marcus & Millichap, represented the buyers or sellers in this self storage property transaction. They were responsible for facilitating the deal and ensuring a successful transaction for both parties involved.
Players
Tyler 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