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5807 Spring Stuebner Road, ...

Estancia, LLC Sells 24.74 Acres Of Land In Spring To Buyer Brad Dill - BD Realty Advisors
SOLD

Estancia, LLC Sells 24.74 Acres Of Land In Spring To Buyer Brad Dill - BD Realty Advisors

5807 Spring Stuebner Road, Spring, TX, USA

Building Size

12,800 SF

Asset Type

Closing

Mar 12, 2021

AI

24.74 acres of land located at 5807 Spring Stuebner Road in Spring were recently sold in a transaction that took place on March 13, 2021. The property, owned by Estancia, LLC, was sold through the representation of Diana Gaines from The J. Beard Real Estate Company as the seller's representative and Brad Dill from BD Realty Advisors as the buyer's representative. In the Spring market, this land asset changed hands, adding to the real estate activity in the area.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: Not specified
  • Address: 5807 Spring Stuebner Road, Spring
  • Market: Spring

The seller's representative, Diana Gaines from The J. Beard Real Estate Company, and the buyer's representative, Brad Dill from BD Realty Advisors, played crucial roles in facilitating the transaction. They were instrumental in negotiating the terms and ensuring a successful completion of the deal. The involvement of these key individuals highlights their expertise in the real estate market and their ability to navigate complex transactions.

Players

Diana Gaines

Broker

2 deals

Broker

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