Marcus & Millichap Sells 83-Unit Special Purpose Property In Malakoff To Undisclosed Buyer
14638 Travis Parkway, Malakoff, Texas 75148, United States
Units
83
Asset Type
—
Closing
May 11, 2022
About this deal
AI
A special purpose property located at 14638 Travis Pkwy in Malakoff has been sold. The transaction took place on 05/12/2022. The property consists of 83 units and was listed for sale.
Summary of transation details
- Property Type: Special Purpose
- Transaction Amount: Not available
- Address: 14638 Travis Pkwy
- Market: Malakoff
- Units: 83
The sale was facilitated by the brokerage firm Marcus & Millichap, with Robert Denninger and Bill Warren serving as the brokers representing the parties involved in the transaction.
On the Map
Players
Malakoff 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