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Ciera Bank Sells 101,520-Square-Foot Self Storage Facility In Farmersville Represented By Marcus & Millichap
SOLD
Texas
See Similar DealsSelf Storage101,520 SF
Sold
SOLD
Ciera Bank Sells 101,520-Square-Foot Self Storage Facility In Farmersville Represented By Marcus & Millichap
555 County Road 653
See Similar DealsSelf Storage101,520 SF
Sold
Summary
TEXAS
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:101520 SF
Transaction Type:Sale
The property involved in this transaction is a self-storage facility located at 555 County Road 653, Farmersville. The asset boasts a total area of 101,520 square feet and consists of 207 units situated on 12.7 acres. This facility was built in 2023 and is positioned approximately 45 miles northeast of Dallas.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Square Footage: 101,520 SF
- Units: 207
- Acres: 12.7
- Seller: Ciera Bank
- Brokers: Danny Cunningham, Brandon Karr & Jon Danklefs - Marcus & Millichap
The deal was brokered by Marcus & Millichap, with Danny Cunningham, Brandon Karr, and Jon Danklefs representing the seller, Ciera Bank, in the transaction. The deal secured a buyer from Dallas for the property.
Players
SELLER
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30 years
10 years
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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