Updated Oct 28, 2024
Empire Group Of Cos. Acquires 30.6-Acre Development Site In Hutto For $11M
200 Westfield Street, Hutto, Texas 78634, United States
$11,000,000
Building Size
—
Asset Type
Development Site
Closing
Aug 31, 2022
About this deal
AI
Located at 200 Westfield St in Hutto, this development site spans approximately 30.6 acres. The property was recently sold on 09/01/2022.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $11,000,000
- Date: 09/01/2022
- Address: 200 Westfield St
- Market: Hutto
- ACRES: 30.6
The buyer of this property was Empire Group of Cos. The transaction was facilitated by the brokers Josh Cameron and Hal Guggolz from Land Advisors Organization.
The development site sale at 200 Westfield Street, Hutto, Texas 78634, United States in Hutto, Texas sold for $11M in 2022. 200 Westfield Street, Hutto, Texas 78634, United States is classified as Development Site on Traded. Josh Cameron, Hal Guggolz, Land Advisors Organization appear on the sale alongside Land Advisors Organization. This page is the Hutto, Texas file for the 200 Westfield Street, Hutto, Texas 78634, United States development site sold: pricing, party profiles, and other closed development site comps from the same Hutto sit in the Market section below. Filter that Hutto development site set by closing date to see what else sold near 200 Westfield Street, Hutto, Texas 78634, United States around 2022. Published consideration for 200 Westfield Street, Hutto, Texas 78634, United States is $11M, dated 2022. Cite this Empire Group Of Cos. Acquires 30.6-Acre Development Site In Hutto For $11M sale when underwriting similar development site product around Hutto, Texas.
Players
Hutto Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93