Pulte Homes Acquires 80 Acres Of Land In Montgomery, TX With Brokers James Kadlick, Harrison Kane & Chris Hutcheson - Colliers
Fm 1097, Montgomery, Texas 77356, United States
Building Size
—
Asset Type
—
Closing
Aug 11, 2022
About this deal
AI
An 80-acre land located at FM 1097 East in Montgomery, TX has been sold in a transaction dated 11/08/2022. The property was acquired by Pulte Homes from the seller. The sale was facilitated by James Kadlick, Harrison Kane, and Chris Hutcheson from Colliers, who represented the buyer.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Address: FM 1097 East, Montgomery, TX
- Market: Montgomery, TX
- Size: 80 acres
The deal was brokered by James Kadlick, Harrison Kane, and Chris Hutcheson from Colliers, who represented Pulte Homes in the transaction.
Players
Montgomery 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