SOLDRetail
Modi Capital Purchases 43,560 SF Land In Bulverde With Broker Nabeel Ali Of Keller Williams Realty
Building Size
43,560 SF
Asset Type
Retail
Closing
Jan 13, 2025
AI
The recent transaction involves a piece of land located in Bulverde, measuring 43,560 square feet. The asset type is classified as land. The details of the sale, including the specific price, are not disclosed.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not disclosed
- Buyer: Modi Capital
- Broker: Nabeel Ali - Keller Williams Realty
Nabeel Ali represented the buyer, Modi Capital, in this transaction, facilitating the completion of the sale in the Bulverde market.
Bulverde 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