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
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Asset Type
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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
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