Updated Oct 28, 2024
Guefen Development Partners Acquires 40-Acre Development Site In Fresno From Divoky Family
2225 Rabb Road, Fresno, Texas 77545, United States
Building Size
—
Asset Type
Development Site
Closing
Dec 16, 2021
About this deal
AI
Located at 2225 Rabb Rd & Highway 6 in Fresno, a 40-acre development site has been sold in a recent transaction. The property, which was sold on December 16, 2021, is an attractive investment opportunity in the Fresno market.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: Not disclosed
The buyer of the property is Guefen Development Partners, while the seller is the Divoky family. Facilitating the deal was Jason Scholtz from Colliers.
Traded’s record for 2225 Rabb Road, Fresno, Texas 77545, United States in Fresno, Texas covers a development site sale from 2021. 2225 Rabb Road, Fresno, Texas 77545, United States is classified as Development Site on Traded. Jason Scholtz, Colliers appear on the sale alongside Colliers. This page is the Fresno, Texas file for the 2225 Rabb Road, Fresno, Texas 77545, United States development site sold: pricing, party profiles, and other closed development site comps from the same Fresno sit in the Market section below. Filter that Fresno development site set by closing date to see what else sold near 2225 Rabb Road, Fresno, Texas 77545, United States around 2021. Cite this Guefen Development Partners Acquires 40-Acre Development Site In Fresno From Divoky Family sale when underwriting similar development site product around Fresno, Texas.
Players
Fresno 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93