Ryan Clark's SkyView Advisors Sells Storage Facility On 7701 Banner Drive In Dallas
7701 Banner Dr, Dallas, TX 75251, USA
Building Size
7,162 SF
Asset Type
Other
Closing
Aug 3, 2020
AI
A storage facility located at 7701 Banner Drive in Dallas has been sold in a recent transaction. The property covers an area of 77,162 square feet and comprises a total of 908 storage units. The sale was facilitated by Ryan Clark of SkyView Advisors.
Summary of transaction details:
- Property Type: Storage Facility
- Transaction Amount: Not specified
- Address: 7701 Banner Drive
- Market: Dallas
- Square Footage: 77,162
- Number of Units: 908
- Broker: Ryan Clark - SkyView Advisors
This transaction involved the sale of a storage facility in Dallas. Ryan Clark, representing SkyView Advisors, played a crucial role in facilitating the deal. Further details regarding the transaction, including the sale price, loan amount, and any additional individuals or companies involved, have not been provided.
Players
Dallas 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