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701 E Expressway 83 Weslaco...

Updated Sep 9, 2024

Bilt advertisement
Scott Walker Sells Retail Property In Weslaco For $Undisclosed
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

About this deal

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.

Traded’s record for 701 E Expressway 83 Weslaco, TX 78596, USA in Texas, Texas covers a retail sale from 2023. The building is 6,457 square feet, implying about 0 per square foot on the published price. Jeffery Miller, Scott Walker, Matthews appear on the sale alongside Matthews. This page is the Texas, Texas file for the 701 E Expressway 83 Weslaco, TX 78596, USA retail sold: pricing, party profiles, and other closed retail comps from the same Texas sit in the Market section below. Filter that Texas retail set by closing date to see what else sold near 701 E Expressway 83 Weslaco, TX 78596, USA around 2023. Cite this Scott Walker Sells Retail Property In Weslaco For $Undisclosed sale when underwriting similar retail product around Texas, Texas.

Players

Jeffery Miller

Matthews

Broker

$29.2M

vol

21 deals

Broker

Scott Walker

Seller

2 deals

Seller

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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