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
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.
Players
Fresno 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