Updated Dec 19, 2023
Marcus & Millichap Brokers Sell Industrial Property In Troy For $N.NN Million
610 Church Avenue, Troy, Texas 76579, United States
Building Size
87,480 SF
Asset Type
Industrial
Closing
Aug 28, 2022
About this deal
AI
The industrial property located at 610 Church Avenue in Troy was recently sold. The sale was facilitated by Brandon Karr and Mark R. McCoy from Marcus & Millichap. The transaction took place on August 29, 2022.
Summary of transaction details
- Property Type: Industrial
- Sale Price: Not mentioned
- Square Footage: 87,480
- Address: 610 Church Avenue
- Market: Troy
Brandon Karr and Mark R. McCoy from Marcus & Millichap acted as the brokers in the deal. They represented the buyer and/or seller in the transaction.
On the Map
Industrial
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Players
Troy 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