facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

All

/

Sale

/

19238 Texas 62, Orange, TX,...

Marcus & Millichap Brokers Sell Orange, TX Self Storage For $Undisclosed
SOLD

Marcus & Millichap Brokers Sell Orange, TX Self Storage For $Undisclosed

19238 Texas 62, Orange, TX, USA

Building Size

23,340 SF

Asset Type

Closing

Oct 15, 2021

AI

A self-storage property located at 19238 TX-62 in the Orange market has been sold. The property spans approximately 23,340 square feet and is listed as a self-storage asset.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Date: 10/15/2021
  • Address: 19238 TX-62
  • Market: Orange
  • Square Footage: 23,340

The sale of this property was facilitated by Brandon Karr, Danny Cunningham, Dave Knobler, and Mixson Staffel from Marcus & Millichap. They represented the parties involved in the transaction as brokers.

Players

Brandon Karr

Marcus & Millichap

Broker

$7M

vol

49 deals

Broker

Orange 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