facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

All

/

Sale

/

14799 Fishtrap Road, Aubrey...

Cohen Investment Group Acquires Self Storage Portfolio In Aubrey, Flower Mound, Fort Worth & Wylie
SOLD

Cohen Investment Group Acquires Self Storage Portfolio In Aubrey, Flower Mound, Fort Worth & Wylie

14799 Fishtrap Road, Aubrey, Texas 76227, United States

Building Size

136,150 SF

Asset Type

Closing

Mar 14, 2022

AI

Four self-storage properties located in Aubrey, Flower Mound, Fort Worth, and Wylie have been sold in a recent transaction. The properties, with a total square footage of 136,150, are located at 14799 Fishtrap Rd, 2400 Victory Dr, 2801 E Loop 820 S, and 3825 Old Parker Rd.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Address: 14799 Fishtrap Rd, 2400 Victory Dr, 2801 E Loop 820 S & 3825 Old Parker Rd
  • Market: Aubrey, Flower Mound, Fort Worth & Wylie

The buyer in this transaction is Cohen Investment Group. The deal was facilitated by the brokers Danny Cunningham and Brandon Karr from Marcus & Millichap.

Players

Brandon Karr

Marcus & Millichap

Broker

$7M

vol

49 deals

Broker
Charles Cohen

Charles Cohen

Cohen Investment Group

Buyer

$1.1B

vol

23 deals

Buyer

Aubrey CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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