Wasatch Storage Partners Acquires Self Storage Facility In Hutto With Brian Somoza & Steve Mellon - JLL
244 Benelli Drive, Round Rock, TX, USA
Building Size
139,392 SF
Asset Type
—
Closing
Sep 17, 2021
About this deal
AI
A self storage property located at 244 Benelli Drive in Hutto has been sold. The transaction took place on September 17, 2021. The property spans over 3.2 acres of land and consists of 780 units.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: Not specified
- Address: 244 Benelli Drive
- Market: Hutto
- Acres: 3.2
- Units: 780
Wasatch Storage Partners acquired the property. The transaction was facilitated by Brian Somoza and Steve Mellon from JLL.
Traded’s record for 244 Benelli Drive, Round Rock, TX, USA in Hutto, Texas covers a commercial sale from 2021. Reported inventory is 139,392 square feet across 780 units, or about 0 per square foot. Brian Somoza, Steve Mellon, JLL appear on the sale alongside JLL. This page is the Hutto, Texas file for the 244 Benelli Drive, Round Rock, TX, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Hutto sit in the Market section below. Filter that Hutto commercial set by closing date to see what else sold near 244 Benelli Drive, Round Rock, TX, USA around 2021. Cite this Wasatch Storage Partners Acquires Self Storage Facility In Hutto With Brian Somoza & Steve Mellon - JLL sale when underwriting similar commercial product around Hutto, Texas.
Players
Hutto 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