Leon Capital Group Acquires Property From BH Management Services With Representation From Chris Young, Connor Phillips, And Joey Rippel
12023 Bissonnet St, Houston, TX, 770...
Building Size
—
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property involved in this transaction is located at 12023 Bissonnet St, Houston, TX, and is situated in the Houston market. The seller was BH Management Services, and the buyer was Leon Capital Group. The transaction details do not specify a sale price or square footage for the property.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not specified
- Address: 12023 Bissonnet St, Houston, TX
- Market: Houston
- Seller's Representatives: Chris Young-Compass, Connor Phillips-HFF, Joey Rippel-Berkadia
- Buyer: Leon Capital Group
- Seller: BH Management Services
The transaction featured multiple representatives for the seller, indicating a collaborative approach to the sale. Chris Young from Compass, Connor Phillips from HFF, and Joey Rippel from Berkadia represented the seller in this closed transaction.
On the Map
Players
Houston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Texas sales on Traded.
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