Gray Line Investments Acquires Self Storage Property In Crowley
1520 Bean Dr.Crowley, TX 76036, USA
Building Size
20,400 SF
Asset Type
—
Closing
Jul 14, 2022
About this deal
AI
A self-storage property located at 1520 Bean Drive in Crowley has been sold. The property spans 20,400 square feet and was sold on 07/15/2022.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Market: Crowley
- Address: 1520 Bean Drive
- Size: 20,400 square feet
Gray Line Investments has acquired the property. The deal was facilitated by Danny Cunningham and Brandon Karr of Marcus & Millichap.
Traded’s record for 1520 Bean Dr.Crowley, TX 76036, USA in Lometa, Texas covers a commercial sale from 2022. The building is 20,400 square feet, implying about 0 per square foot on the published price. Danny Cunningham, Brandon Karr, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Lometa, Texas file for the 1520 Bean Dr.Crowley, TX 76036, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Lometa sit in the Market section below. Filter that Lometa commercial set by closing date to see what else sold near 1520 Bean Dr.Crowley, TX 76036, USA around 2022. Cite this Gray Line Investments Acquires Self Storage Property In Crowley sale when underwriting similar commercial product around Lometa, Texas.
Players
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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