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Merit Hill Capital Acquires Georgetown Mini Storage Self Storage Facility In Austin For $X Million
SOLD
Texas
See Similar DealsSelf Storage26,400 SF
Sold
SOLD
Merit Hill Capital Acquires Georgetown Mini Storage Self Storage Facility In Austin For $X Million
2220 North Austin Avenue
See Similar DealsSelf Storage26,400 SF
Sold
Summary
TEXAS
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:26,400 SF
Transaction Type:Sale
The property involved in the transaction is Georgetown Mini Storage, located at 2220 North Austin Avenue in the Georgetown market. This facility features 144 self-storage units and encompasses a total of 26,400 net rentable square feet.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Units: 144
- Square Footage: 26,400
- Buyer: Merit Hill Capital
- Brokers: Douglas Diffie & Jon Danklefs - Marcus & Millichap
Jon Danklefs and Douglas Diffie, both of Marcus & Millichap, represented the seller in this transaction. Additionally, Jon Danklefs procured the buyer, Merit Hill Capital.
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Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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