Marcus & Millichap Brokers Facilitate Sale Of Self Storage Property In Houston
17635 West Little York Road, Houston, TX, USA
Building Size
126,324 SF
Asset Type
—
Closing
Oct 20, 2021
About this deal
AI
Located in Houston, the self-storage property at 17635 West Little York Road has recently been sold. The transaction took place on 10/20/2021 and was facilitated by brokers Dave Knobler and Charles LeClaire from the agency Marcus & Millichap. The property sits on a spacious 2.9-acre land and offers a total of 469 units for storage.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: Not specified
- Market: Houston
- Address: 17635 West Little York Road
- Units: 469
The involvement of brokers Dave Knobler and Charles LeClaire from Marcus & Millichap showcases their expertise in facilitating real estate transactions. They successfully handled the sale of this self-storage property, adding value to the deal through their professional representation.
Players
Houston 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