Constellation Real Estate Partners Acquires 32.95 Acres Of Land In Houston For Sale
0 S Post Oak Road, Houston, TX 77053
Building Size
—
Asset Type
—
Closing
Mar 15, 2022
About this deal
AI
Constellation Real Estate Partners has purchased a land asset in Houston for an undisclosed amount. The property, located at 0 S Post Oak Rd, spans approximately 32.95 acres. The transaction was facilitated by Zack Taylor of Colliers, who represented the buyer in the deal.
Summary of transaction details
- Property Type: Land
- Transaction Amount: Undisclosed
- Address: 0 S Post Oak Rd
- Market: Houston
- Size: 32.95 acres
Zack Taylor, an agent from Colliers, served as the representative for Constellation Real Estate Partners in this transaction.
On the Map
Players
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Boundary boundary · CRE · 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