Jason Bunn Acquires Retail Property In Lytle For $700K
19244 McDonald St Lytle, TX 78052, USA
$700,000
$175/SF
Building Size
4,000 SF
Asset Type
Retail
Closing
May 11, 2023
About this deal
AI
A retail property located at 19244 McDonald Street in Lytle has been sold at a price of $700,000. The property spans across 4,000 square feet, resulting in a price per square foot of $175.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $700,000
- Square Footage: 4,000 SF
- Price per Square Foot: $175
- Address: 19244 McDonald Street, Lytle
The buyer of this retail property is Jason Bunn, while the seller is Srinivas Maddali. The transaction was facilitated by Lee Cordova of Matthews Real Estate Investment Services.
On the Map
$700,000
$175/SF
Retail
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Players
Texas 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
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93