10594 League Line Investment LLC Acquires 22 Acres Of Land In Conroe From Mark & Janet Blott; Henry & Betty Blott
10594 League Line Road, Conroe, Texas 77304, United States
Building Size
—
Asset Type
—
Closing
Jun 15, 2022
About this deal
AI
A 22-acre land located at 10594 League Line Road in Conroe has been sold. The transaction took place on June 16, 2022, with Michelle Soderberg, Tom Condon Jr., Mark Blott, and Janet Blott being involved.
Summary of transaction details
- Property Type: Land
- Transaction Amount: Not mentioned
- Address: 10594 League Line Road
- Market: Conroe
The buyer of the land is 10594 League Line Investment LLC, while the sellers are Mark Blott, Janet Blott, Henry Blott, and Betty Blott. Representing the buyer in this deal were Tom Dosch, David Marshall, George Notte, and Tim Dosch from Dosch Marshall Real Estate. On the seller's side, Michelle Soderberg and Tom Condon Jr. from Colliers acted as the representatives.
On the Map
Players
Conroe CRE Market Snapshot
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