Updated Dec 4, 2024
Rise Commercial Investments Acquires 59-Acre Development Site In Anna, TX From Bloomfield Homes
Building Size
—
Asset Type
Development Site
Closing
Nov 3, 2023
About this deal
AI
Rise Commercial Investments has acquired a 59.154-acre development site located at the southwest quadrant of US Highway 75 and FM 455 in Anna, TX. The off-market transaction was handled by Range Realty Advisors. The future developments on this site will be part of the larger Crystal Park development, which will contribute to the strong community of the City of Anna.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: SWQ Us Hwy 75 @ Fm 455, Anna, TX
- Market: Anna, TX
- Acres: 59.154
Dillon Cook from Range Realty Advisors represented Rise Commercial Investments in this transaction.
Players
Market 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