Bassdale Investments, LLC Acquires Self Storage Property In Mansfield
911 E Broad St, Mansfield, TX, USA
Building Size
43,745 SF
Asset Type
Other
Closing
Apr 24, 2021
AI
Located at 911 E Broad St # 114 in Mansfield, this self-storage property has been sold in a recent transaction. The sale was completed on April 25, 2021, by Stadium Self Storage Inc as the seller and Bassdale Investments, LLC as the buyer. The transaction was facilitated by brokers Bill Bellomy and Michael Johnson from Bellomy & Co. The property spans a total area of 43,745 square feet and consists of 343 units.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Date: 04/25/2021
- Address: 911 E Broad St # 114, Mansfield
- Market: Mansfield
- Seller: Stadium Self Storage Inc
- Buyer: Bassdale Investments, LLC
- Brokers: Bill Bellomy & Michael Johnson - Bellomy & Co
- Size: 43,745 square feet
- Units: 343
The transaction involved two key individuals or entities: Stadium Self Storage Inc, the seller, and Bassdale Investments, LLC, the buyer. The deal was successfully facilitated by Bill Bellomy and Michael Johnson from Bellomy & Co, who represented the respective parties in the transaction. The details regarding the sale price and any financing involved were not provided in the available information.
Players
Mansfield 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