Vincent Knipp Acquires Retail Property In Kingsville, TX
103 FM 1118, Kingsville, TX, USA
Building Size
9,026 SF
Asset Type
Retail
Closing
Dec 8, 2021
About this deal
AI
A retail property located at 103 FM 1118 in Kingsville has been sold in a recent transaction. The property spans 9,026 square feet and was listed for sale on December 8, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 103 FM 1118, Kingsville
- Market: Kingsville
- Square Footage: 9,026
The transaction was facilitated by Vincent Knipp from the real estate firm Marcus & Millichap. Additional information about the buyer, seller, or any other involved parties was not provided.
On the Map
Retail
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Kingsville Retail Market Snapshot
Boundary boundary · Retail · 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