Jason Burger & Hugo Li Purchase Retail Property At 12400 Amherst Drive From JYM Ventures
12400 Amherst Drive
Building Size
22,807 SF
Asset Type
Retail
Closing
Dec 20, 2024
About this deal
AI
The property asset involved in this transaction is located at 12400 Amherst Drive in Austin, featuring a retail space with a total square footage of 22,807. The transaction was completed on 12/20/2024.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Jason Burger & Hugo Li
- Seller: JYM Ventures
- Broker: Bradley Bailey - CBRE
Jason Burger and Hugo Li are the buyers in this transaction, while JYM Ventures served as the seller of the property. Bradley Bailey from CBRE represented the broker in this deal.
On the Map
Retail
View full map
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Austin retail sales on Traded.
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