Property Commerce Dividend Fund Acquires Retail Property In Waco, TX From HPI
Nwq Valley Mills &Amp; Bosque Blvd
Building Size
214,000 SF
Asset Type
Retail
Closing
Nov 15, 2022
AI
A 214,000 square foot retail property located at NWQ Valley Mills & Bosque Blvd in Waco, TX has been sold. The transaction took place on November 15, 2022. The property is a part of the retail market in Waco.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
The buyer of the property is Property Commerce Dividend Fund, while the seller is HPI. The deal was facilitated by Blaine Dozier from CBRE, who represented the buyer.
Players
Amphitheatre 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