HPI Real Estate Services Acquires 55 Acres Of Land In North Fort Worth
SEC FM 156 & Bonds Ranch Road Fort Worth, TX 76101
Building Size
—
Asset Type
—
Closing
May 26, 2022
About this deal
AI
The property involved in this transaction is a 55-acre land located at the SEC FM 156 & Bonds Ranch Road in North Fort Worth. The sale took place on 05/27/2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: Not specified
- Address: SEC FM 156 & Bonds Ranch Road
- Market: North Fort Worth
- Size: 55 acres
HPI Real Estate Services, represented by Tim Shaughnessy, acted as the buyer in this deal. The brokers involved in this transaction were Collins Meier, Ryan Turner, and David Davidson Jr., from Davidson Bogel Real Estate.
On the Map
Players
Fort Worth 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