Updated Dec 4, 2024
Alex Younes Acquires Development Site At 11419 Dover Street From Charles Vora Represented By William Byrd
11419 Dover Street
Building Size
296,208 SF
Asset Type
Development Site
Closing
Nov 8, 2024
About this deal
AI
The property asset involved in the transaction is a development site located at 11419 Dover Street in Houston. This development site spans a total of 296,208 square feet. The sale took place on November 8, 2024.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 11419 Dover Street
- Market: Houston
- Square Footage: 296,208
- Buyer: Alex Younes
- Seller: Charles Vora
- Broker: William Byrd - Pringroup Commercial
Key individuals in this transaction include buyer Alex Younes and seller Charles Vora. The deal was facilitated by broker William Byrd from Pringroup Commercial, who represents the interests of the seller in this transaction.
On the Map
Development Site
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Players
Houston Development Site Market Snapshot
Boundary boundary · Development Site · 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