Saturday, June 22, 2013

Sold!!! Income Producing Asset in Texas

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SOLD!!!  Professional Office Building in Marble Falls TX
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  Marble Falls, Texas, (6/10/13)  KW Commercial announced the sale of a 10,129 square foot free-standing, office building  at 507 Ranch Road 2147 West. The site, leased to NorthStar Bank ( formerly TreatyOaks bank ) , Westlake Dermatology, & Treehouse Dental, sits on the southern shore of Lake LBJ adjacent to the luxury neighborhood of LaVentana at Hwy 281 in Marble Falls . The building has 1,615 square feet of space which will be put on the market for lease. 

Nick Nelson, and Jim Young , of KW Commercial, representedthe Buyer, a repeat Client and local Austin investorJane Marie Hurst, of KW Commercial, represented the Seller, a local partnership.

"This property had strong fundamentals and has great financial performance even with the 1,615 square feet of vacancy. This project demonstrated some of the great deals still available in smaller markets but with great Tenants.." said Agents Nelson & Young. 

Want to be on our Deal Maker List? Send us a deal!!!

Jim Young

KW Commercial
Office: 512.531.2946
Mobile: 512.565.7509 

Nick Nelson, CCIM, ASC

KW Commercial
Mobile: 512.906.6757





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