Resolut RE Sells Retail Property In La Joya For $Undisclosed
206 E Expressway 83, La Joya, TX 78560, USA
Building Size
2,965 SF
Asset Type
Retail
Closing
Sep 15, 2020
About this deal
AI
Located at 206 E. Expressway 83 in La Joya, this retail property has recently been sold. The transaction was completed on September 16, 2020, with a total square footage of 2,965. The property was represented by Larry Leahy from RESOLUT RE, while the buyer was represented by Juan Pena from Coldwell Banker.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 206 E. Expressway 83, La Joya
- Market: La Joya
- Seller's Representative: Larry Leahy - RESOLUT RE
- Buyer's Representative: Juan Pena - Coldwell Banker
- Square Footage: 2,965
This transaction involved the sale of a retail property in La Joya. Larry Leahy from RESOLUT RE represented the seller, while Juan Pena from Coldwell Banker represented the buyer. The deal was successfully closed, marking a significant transaction in the La Joya market.
Players
La Joya Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
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