Marcus & Millichap Facilitates Sale Of Self Storage Property In Justin, Texas
9605 Industrial Road, Justin, Texas 75028, United States
Building Size
15,500 SF
Asset Type
—
Closing
Apr 5, 2022
About this deal
AI
A self-storage property located at 9605 Industrial Road in Justin has been sold. The property spans 15,500 square feet and was purchased on 04/06/2022. The transaction was facilitated by brokers Danny Cunningham and Brandon Karr from Marcus & Millichap.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
Danny Cunningham and Brandon Karr, representing Marcus & Millichap, were the brokers involved in this deal. They played a key role in facilitating the sale of the self-storage property at 9605 Industrial Road in Justin.
Players
Justin 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