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19065 Champion Forest Dr, S...

Capital Square 1031 Acquires Property At 19065 Champion Forest Dr In Spring From Private Investors
SOLD

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

Matthew Bear

Bear Real Estate Advisors LLC

Broker

$7.1M

vol

2 deals

Broker
C1
Capital Square 1031Buyer
PI
Private InvestorsSeller

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