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10594 League Line Road, Con...

10594 League Line Investment LLC Acquires 22 Acres Of Land In Conroe From Mark & Janet Blott; Henry & Betty Blott
SOLD

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

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.

Players

Tom Condon Jr.

Colliers

Broker

24 deals

Broker

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