Capital Square 1031 Acquires Property At 19065 Champion Forest Dr In Spring From Private Investors
19065 Champion Forest Dr, Spring, T...
Building Size
10,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in the transaction is located at 19065 Champion Forest Dr, Spring, Texas. The asset spans a total of 10,000 square feet and was transacted in the Spring market.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: Not Specified
- Address: 19065 Champion Forest Dr, Spring, Texas
- Market: Spring
- Buyer: Capital Square 1031
- Seller: Private Investors
- Buyer's Representative: Matthew Bear (Bear Real Estate Advisors LLC)
The transaction involved key representatives, with Matthew Bear from Bear Real Estate Advisors LLC representing the buyer, Capital Square 1031. The seller in this transaction is identified as Private Investors.
Players
Spring 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