Marcus & Millichap Sells Silsbee Retail Property For $Undisclosed In Closed Transaction
915 US Hwy 96 S, Silsbee, Texas 77656, United States
Building Size
4,200 SF
Asset Type
Retail
Closing
Apr 11, 2022
About this deal
AI
A retail property located at 915 U.S. 96 S in Silsbee has been sold. The property, spanning 4,200 square feet, was recently on the market. The transaction took place on 04/12/2022. Vincent Knipp of Marcus & Millichap represented the parties involved in the deal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
The sale of the property at 915 U.S. 96 S in Silsbee was facilitated by Vincent Knipp from Marcus & Millichap. Further details about the transaction, such as the sale price or specific parties involved, were not provided in the available information.
On the Map
Retail
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Silsbee 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