Braun Enterprises Acquires Property At 5757 Woodway Dr In Houston Represented By Martin Hogan And Danny Miller
5757 Woodway Dr, Houston, TX, 77057
Building Size
162,188 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is located at 5757 Woodway Dr, Houston, TX, 77057, within the Houston market. The square footage of the property is 162,188. The sale includes significant engagement from the parties involved, representing a substantial transaction in the area.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Address: 5757 Woodway Dr, Houston, TX, 77057
- Market: Houston
- Seller's Representative: Martin "Marty" Hogan-JLL, Danny "Dan" Miller
- Buyer: Braun Enterprises
Martin "Marty" Hogan and Danny "Dan" Miller represented the seller in this transaction. Braun Enterprises completed the acquisition of the property, marking a significant transaction for all parties involved.
On the Map
Players
Houston 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