Marcus & Millichap Acquires Mobile Home Park In Mineral Wells For FM 1195
2001 FM1195, Mineral Wells, TX, USA
Building Size
1,216 SF
Asset Type
Other
Closing
Aug 4, 2021
About this deal
AI
A mobile home park located at 2001 FM 1195 in Mineral Wells has been recently sold. The sale was facilitated by Robert Denninger from Marcus & Millichap.
Summary of transaction details
- Property Type: Mobile Home Park
- Transaction Amount: Not specified
- Date: 08/05/2021
- Address: 2001 FM 1195
- Market: Mineral Wells
Robert Denninger from Marcus & Millichap represented the parties involved in this transaction.
Traded’s record for 2001 FM1195, Mineral Wells, TX, USA in Mineral Wells, Texas covers a other sale from 2021. The building is 1,216 square feet, implying about 0 per square foot on the published price. Robert Denninger, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Mineral Wells, Texas file for the 2001 FM1195, Mineral Wells, TX, USA other sold: pricing, party profiles, and other closed other comps from the same Mineral Wells sit in the Market section below. Filter that Mineral Wells other set by closing date to see what else sold near 2001 FM1195, Mineral Wells, TX, USA around 2021. Cite this Marcus & Millichap Acquires Mobile Home Park In Mineral Wells For FM 1195 sale when underwriting similar other product around Mineral Wells, Texas.
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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