Berkshire Hathaway Acquires Self Storage In Amarillo
4332 Teckla Boulevard, Amarillo, Texas 79109, United States
Building Size
31,912 SF
Asset Type
—
Closing
Aug 16, 1922
About this deal
AI
The property involved in this closed transaction is a self storage facility located at 4332 Teckla Blvd in Amarillo. The facility consists of 278 units with a total square footage of 31,912. The sale took place on August 17, 2022.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: Not specified
- Market: Amarillo
- Units: 278
- Square Footage: 31,912
The brokers involved in this transaction were Cameron Vale, Parker Sweet, and Josh Cato from Berkshire Hathaway. They represented the buyer and/or seller in this self storage sale.
Players
Amarillo 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