Updated Sep 9, 2024
Mike Stolt Sells Industrial Property In Andrews, TX Represented By Jack Dargene - Marcus & Millichap
1107 SW Mustang Dr Andrews, TX 79714, USA
Building Size
4,500 SF
Asset Type
Industrial
Closing
Jul 20, 2023
About this deal
AI
The industrial property located at 1107 Southwest Mustang Drive in Andrews, TX has been sold. The property spans approximately 4,500 square feet and was listed for sale by Mike Stolt.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1107 Southwest Mustang Drive, Andrews, TX
- Market: Andrews, TX
The sale of this industrial property was facilitated by Jack Dargene from Marcus & Millichap. Jack Dargene acted as the broker representing the seller, Mike Stolt.
Traded’s record for 1107 SW Mustang Dr Andrews, TX 79714, USA in Texas, Texas covers a industrial sale from 2023. The building is 4,500 square feet, implying about 0 per square foot on the published price. Jack Dargene, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Texas, Texas file for the 1107 SW Mustang Dr Andrews, TX 79714, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Texas sit in the Market section below. Filter that Texas industrial set by closing date to see what else sold near 1107 SW Mustang Dr Andrews, TX 79714, USA around 2023. Cite this Mike Stolt Sells Industrial Property In Andrews, TX Represented By Jack Dargene - Marcus & Millichap sale when underwriting similar industrial product around Texas, Texas.
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Industrial
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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