SkyView Advisors Facilitates Sale Of Self Storage Facility In Carrollton, TX
2300 Old Denton Rd, Carrollton, TX, 7...
Building Size
90,656 SF
Asset Type
Self Storage
Closing
Nov 22, 2023
AI
The property involved in this transaction is a self-storage facility located at 2300 Old Denton Rd, Carrollton, TX. The facility comprises 881 units and spans a total of 90,656 net rentable square feet. It is operated by Life Storage, and the market for this asset type is Carrollton.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Address: 2300 Old Denton Rd, Carrollton, TX
- Market: Carrollton
- Square Footage: 90,656
- Seller's Representatives: Bryan Clark - JLL, Zack Urow - SkyView Advisors
- Buyer: Unknown
The transaction was facilitated by Tampa-based self-storage brokerage firm SkyView Advisors, with Zachary Urow and Ryan Clark representing the undisclosed seller. Additional terms of sale were not disclosed.
Players
Carrollton Self Storage Market Snapshot
Boundary boundary · Self Storage · 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