Brad Dorsey & Robert Denninger Represent Marcus & Millichap In Sale Of 37-Unit Mobile Home In Azle
12198 Farm to Market Rd 730 N, Azle, TX, USA
Building Size
37 SF
Asset Type
Other
Closing
Dec 2, 2021
About this deal
AI
Located in Azle, the property at 12198 Farm to Market Rd 730 N recently changed hands in a sale transaction. The transaction took place on 12/02/2021 and was facilitated by Brad Dorsey and Robert Denninger from Marcus & Millichap. The property is a mobile home consisting of 37 units.
Summary of transaction details
- Property Type: Mobile Home
- Transaction Amount: Not specified
- Address: 12198 Farm to Market Rd 730 N
- Market: Azle
- Units: 37
Brad Dorsey and Robert Denninger, representing Marcus & Millichap, acted as the brokers in this sale transaction.
Players
Azle 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