Capstone Companies Acquire Mobile Home Park In Alvin For Sale On Fox Meadow Dr
1100 Fox Meadow Drive, Alvin, TX 77511, USA
Building Size
493,726 SF
Asset Type
Other
Closing
Aug 20, 2020
About this deal
AI
A mobile home park located at 1100 Fox Meadow Dr in Alvin has been sold in a recent transaction. The sale was facilitated by brokers Ian Hilpl, Kevan Enger, Brian Hummell, and Hunter LaRocca from Capstone Companies.
Summary of transaction details:
- Property Type: Mobile Home Park
- Transaction Amount: Not specified
- Date: 08/20/2021
- Address: 1100 Fox Meadow Dr
- Market: Alvin
The brokers from Capstone Companies played a pivotal role in the deal. Ian Hilpl, Kevan Enger, Brian Hummell, and Hunter LaRocca ensured a successful transaction for the mobile home park located in Alvin.
Players
Alvin Other Market Snapshot
Boundary boundary · Other · 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