MAG Capital Partners Acquires Industrial Property In Waco For $Undisclosed
200 East Commerce Street, Brownwood, TX, USA
Building Size
402,046 SF
Asset Type
Industrial
Closing
Sep 17, 2021
AI
An industrial property located at 200 Commerce St in Waco has been sold. The transaction took place on September 17, 2021. The property spans over 402,046 square feet, making it a significant asset in the industrial sector.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not disclosed
The sale of this property was facilitated by brokers Dax T. S. Mitchell and Andrew Gi from MAG Capital Partners. They played a crucial role in representing the buyer and seller in this transaction, ensuring a successful deal.
Players
Brownwood Industrial Market Snapshot
Boundary boundary · Industrial · 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