Adam Abushagur & Tom Oliver Of Marcus & Millichap Sell San Marcos Storage Facility
924 Bugg Lane, San Marcos, Texas 78666, United States
Building Size
10,150 SF
Asset Type
—
Closing
Apr 5, 2022
About this deal
AI
A storage facility located at 924 Bugg Lane in San Marcos, with a total square footage of 10,150 and occupying approximately 0.55 acres, has been sold.
Summary of transaction details:
- Property Type: Storage Facility
- Transaction Amount: Not specified
- Market: San Marcos
The deal was facilitated by brokers Adam Abushagur and Tom Oliver from Marcus & Millichap.
Traded’s record for 924 Bugg Lane, San Marcos, Texas 78666, United States in San Marcos, Texas covers a commercial sale from 2022. The building is 10,150 square feet, implying about 0 per square foot on the published price. Tom Oliver, Adam Abushagur, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the San Marcos, Texas file for the 924 Bugg Lane, San Marcos, Texas 78666, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same San Marcos sit in the Market section below. Filter that San Marcos commercial set by closing date to see what else sold near 924 Bugg Lane, San Marcos, Texas 78666, United States around 2022. Cite this Adam Abushagur & Tom Oliver Of Marcus & Millichap Sell San Marcos Storage Facility sale when underwriting similar commercial product around San Marcos, Texas.
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San Marcos CRE Market Snapshot
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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