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2323 Tin Top Road

Ryan Miller And Carter Dunlap Of RAM Capital Acquire 33000 SF Industrial Asset In Weatherford From Danny Ratliff
SOLDIndustrial

Ryan Miller And Carter Dunlap Of RAM Capital Acquire 33000 SF Industrial Asset In Weatherford From Danny Ratliff

2323 Tin Top Road

Building Size

33,000 SF

Asset Type

Industrial

Closing

Dec 20, 2024

AI

The asset involved in this transaction is an industrial property located at 2323 Tin Top Road in Weatherford. The total square footage of the property is 33,000. The sale occurred on December 20, 2024.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 2323 Tin Top Road
  • Market: Weatherford
  • Buyer: Ryan Miller & Carter Dunlap
  • Seller: Danny Ratliff
  • Broker: Cole Collins - Marcus & Millichap

This transaction involved Ryan Miller and Carter Dunlap of RAM Capital as the buyers, while Danny Ratliff served as the seller. Cole Collins represented the transaction through Marcus & Millichap.

Players

Cole Collins

Marcus & Millichap

Broker

2 deals

Broker

Weatherford 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