SOLDDevelopment Site
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
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.
Players
Hutto 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93