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6476 Judson Road, Longview,...

Updated Sep 9, 2024

Marcus & Millichap Sells Self Storage Property In Longview, TX For $Undisclosed
SOLDSelf Storage

Marcus & Millichap Sells Self Storage Property In Longview, TX For $Undisclosed

6476 Judson Road, Longview, Texas 75605, United States

Building Size

69 SF

Asset Type

Self Storage

Closing

Nov 14, 2022

About this deal

AI

Located at 6476 Judson Road in Longview, TX, this self-storage property recently changed hands in a sale transaction. With a total area of 69,640 square feet, the property offers ample storage space for its customers.

Summary of transaction details

The deal was facilitated by Danny Cunningham and Brandon Karr, representatives from Marcus & Millichap.

Players

Brandon Karr

Marcus & Millichap

Broker

$7M

vol

50 deals

Broker

Longview 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

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