SOLDRetail
Scott Walker Sells Retail Property In Weslaco For $Undisclosed
701 E Expressway 83 Weslaco, TX 78596, USA
Building Size
6,457 SF
Asset Type
Retail
Closing
May 19, 2023
AI
A retail property located at 701 East Expressway 83 in Weslaco has been sold. The property spans over 6,457 square feet.
Summary of transation details
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 701 East Expressway 83, Weslaco
- Market: Weslaco
- Asset Type: Retail
- Size: 6,457 square feet
The seller of the retail property was Scott Walker. The deal was facilitated by Jeffery Miller of Matthews Real Estate Investment Services.
Players
Texas Retail Market Snapshot
Boundary boundary · Retail · 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