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4445 Highway 90 W, Dayton, ...

Connor Investment Real Estate And Logistics And Development Resources Acquire 1,158-acre Land In Dayton
SOLD

Connor Investment Real Estate And Logistics And Development Resources Acquire 1,158-acre Land In Dayton

4445 Highway 90 W, Dayton, TX 77535

Building Size

Asset Type

Closing

Jul 10, 2022

AI

4445 Highway 90 W & 2264 Highway 146 S, located in Dayton, was recently sold. The property is a land asset with an expansive area of 1,158 acres, making it a valuable investment opportunity. The sale was completed on 07/11/2022.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: Not specified in the CONTEXT
  • Market: Dayton
  • Address: 4445 Highway 90 W & 2264 Highway 146 S
  • Acres: 1,158

The buyer of the property was a joint effort between Connor Investment Real Estate - Paul Connor and Logistics and Development Resources - Liberty Development Partners. Both parties recognized the potential of the land and collaborated to make the purchase. Additionally, Trez Capital served as the lender for the transaction.

Players

Liberty Development Partners
Liberty Development PartnersBuyer
Trez Capital
Trez CapitalLender

Dayton 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