Americo Story LP Sells Mixed Use Property In Irving, TX To Jason Finch & Michael W. Spain - Bradford Commercial Real Estate Services
Story Road West, Irving, TX, USA
Building Size
65,460 SF
Asset Type
Mixed-use
Closing
Jan 19, 2021
AI
A mixed-use property located at 3010 – 3080 W. Story Road in Irving has been sold in a recent transaction. The property spans across 65,460 square feet and was sold by Americo Story LP. The sale was facilitated by Jason Finch and Michael W. Spain from Bradford Commercial Real Estate Services.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: Not available
The sale of this mixed-use property in Irving marks a successful transaction in the real estate market. Jason Finch and Michael W. Spain, representing Bradford Commercial Real Estate Services, played a pivotal role in facilitating the deal. Their expertise and professionalism ensured a smooth transaction for all parties involved.
Players
Irving Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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