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11600 C F Hawn Freeway

Apricus Realty Capital Acquires 8,800 SF Self Storage In Southeast Dallas
SOLDSelf Storage

Apricus Realty Capital Acquires 8,800 SF Self Storage In Southeast Dallas

11600 C F Hawn Freeway

Building Size

8,800 SF

Asset Type

Self Storage

Closing

Oct 19, 2023

AI

A local investment firm, Apricus Realty Capital, has recently acquired an 8,800-square-foot industrial outdoor storage facility located in southeast Dallas. The property, situated on a four-acre site, serves as a crane rental and maintenance facility. Unfortunately, no further information regarding the seller or sales price has been disclosed.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: Not available
  • Square Footage: 8,800
  • Address: 11600 C F Hawn Freeway, Dallas
  • Market: Dallas

Cort Martin and Matt Haley, representing Apricus Realty Capital, were the brokers involved in this transaction. They played a vital role in facilitating the deal, ensuring a successful acquisition for their client. The expertise and experience brought by Cort Martin and Matt Haley enabled Apricus Realty Capital to secure this valuable industrial outdoor storage facility in Dallas.

Players

Matthew Haley

Apricus Realty Capital

Broker

4 deals

Broker
Apricus Realty Capital
Apricus Realty CapitalBuyer

Dallas Self Storage Market Snapshot

Boundary boundary · Self Storage · 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