MAG Capital Partners Sells 7.62 Acre Development Site In Bastrop, Brokered By Judd Dunning - DWG Capital Group
1278 Texas Highway 71, Bastrop, Texas 78602, United States
Building Size
—
Asset Type
Development Site
Closing
Apr 10, 2022
AI
MAG Capital Partners has sold a development site located at 1278 Highway 71 West in Bastrop. The property spans across 7.62 acres and is situated in the Bastrop market.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 1278 Highway 71 West, Bastrop
- Market: Bastrop
- ACRES: 7.62
The seller, MAG Capital Partners, successfully completed this transaction. The representative for the seller in this deal was Judd Dunning from DWG Capital Group.
Players
Bastrop Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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