SOLDOther
Montfort Capital Partners Acquires Self Storage Property In Cedar Park For $XX.XM With Brokers Marcus & Millichap
2100 North Bell Boulevard, Cedar Park, TX 78613
Building Size
48,235 SF
Asset Type
Other
Closing
Apr 5, 2021
AI
The self storage property located at 2100 N Bell Blvd in Cedar Park has been sold. The transaction took place on April 6, 2021.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not provided
- Market: Cedar Park
- SF: 48,235
- Units: 494
- Acres: 5.6
The buyer of the property is Montfort Capital Partners, represented by Amish Gupta and Shrenik Shah. The sale was facilitated by broker Jon Danklefs from Marcus & Millichap.
Cedar Park Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
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