Colliers International Facilitates Sale Of 85,550 SF Self Storage Facility In Cedar Hill
611 East Belt Line Road, Cedar Hill, TX 75104, USA
Building Size
85,550 SF
Asset Type
—
Closing
Jun 2, 2020
About this deal
AI
A self-storage property located at 611 E Belt Line Rd in Cedar Hill has recently been sold. The transaction took place on June 2, 2021. The property spans over an area of 85,550 square feet and consists of 599 units. The sale was facilitated by Kyle Newswanger from Colliers International.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: N/A
- Address: 611 E Belt Line Rd
- Market: Cedar Hill
- Square Footage: 85,550
- Units: 599
Kyle Newswanger, a broker from Colliers International, played a key role in the sale of this self-storage property.
On the Map
Players
Cedar Hill CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas sales on Traded.
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