TAZ RLT LLC Acquires Office In Waxahachie From SkyWalker Property Partners By Gary Walker
200 West Marvin Avenue, Waxahachie, Texas 75165, United States
Building Size
12,108 SF
Asset Type
Office
Closing
May 1, 2022
AI
The office property located at 200 W. Marvin St in Waxahachie has been sold. The property spans 12,108 square feet and is situated on approximately 1 acre of land.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Market: Waxahachie
- Address: 200 W. Marvin St
- Size: 12,108 SF
- Acres: 1
The buyer of the property is TAZ RLT LLC, while the seller is SkyWalker Property Partners, represented by Gary Walker. Michael Kaplan from The Weitzman Group acted as the buyer's representative in the transaction. Tim Axilrod from SHOP Cos represented the seller.
Players
Waxahachie Office Market Snapshot
Boundary boundary · Office · 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