Updated Sep 9, 2024
Marcus & Millichap Brokers Arol Horkavy & Jon Danklefs Facilitate Sale Of Self Storage Property In Amarillo, Texas With 197 Units
5411 Camp Lane, Amarillo, Texas 79110, United States
Building Size
24 SF
Asset Type
Self Storage
Closing
Jan 11, 2023
About this deal
AI
A self storage property located at 5411 Camp Lane in Amarillo has been sold. The transaction took place on January 12, 2023, with a total of 197 units and a square footage of 24,440. The property was sold by Arol Horkavy & Jon Danklefs, representatives from Marcus & Millichap.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: N/A
- Units: 197
- Square Footage: 24,440
- Market: Amarillo
The sale of this self storage property was facilitated by Arol Horkavy & Jon Danklefs of Marcus & Millichap. The transaction highlights their expertise and involvement in the deal.
Players
Amarillo 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