Dhanani Private Equity Group Acquires 173 Acres In Willis Texas For Residential Development
SOLD
Texas
See Similar DealsDevelopment Site7,552,302 SF
Sold 11/15/2024
SOLD
Dhanani Private Equity Group Acquires 173 Acres In Willis Texas For Residential Development
13093 Browder Traylor Road
See Similar DealsDevelopment Site7,552,302 SF
Sold 11/15/2024
Summary
TEXAS
Asset Type:Development Site
Price Per Square Foot:$0
Total Square Footage:7,552,302 SF
Transaction Type:Sale
The transaction involves a development site located at 13093 Browder Traylor Road in Willis, Texas, encompassing 173 acres. The site is poised for a new residential development with plans to include over 568 homesites, featuring lot sizes ranging from 40 to 50 feet.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 13093 Browder Traylor Road
- Market: Willis
- Acreage: 173
- Buyer: Dhanani Private Equity Group - Nick Dhanani
- Seller: Byron & Laura Lee
- Buyer’s Representative: Huntley Grichor - Red Key Properties
- Seller’s Representative: Trey Kirby - Riverstone Companies
Dhanani Private Equity Group, led by Nick Dhanani, has secured the purchase of the property with representation from Huntley Grichor of Red Key Properties, while the sellers, Byron and Laura Lee, were represented by Trey Kirby of Riverstone Companies.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions