SOLDOther
Marcus & Millichap Brokers Sale Of Self Storage Property In Huntsville
FM 1791, Huntsville, TX, USA
Building Size
320 SF
Asset Type
Other
Closing
Apr 7, 2021
About this deal
AI
A self-storage facility located at 20 Fm 1791 Rd in Huntsville has been sold in a recent transaction. The sale was facilitated by Brandon Karr from Marcus & Millichap. The property spans 50,940 square feet and consists of 320 units.
Summary of transaction details
- Property Type: Self Storage
- Transaction Date: 04/08/2021
- Address: 20 Fm 1791 Rd, Huntsville
- Broker: Brandon Karr - Marcus & Millichap
- Square Footage: 50,940
- Number of Units: 320
Brandon Karr, representing Marcus & Millichap, played a key role in facilitating this transaction, connecting the buyer and seller in the deal.
Players
Huntsville 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